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Former investment banker has been CFO of Verbund
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UK gaming group GVC Holdings has signed a €320m loan package marking its entry into the syndicated loan market in a deal said to have been heavily oversubscribed.
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German card payments firm Concardis this week increased the term loan backing Advent International and Bain Capital’s buyout of the firm to €300m, reducing price guidance in the process, in a market still waiting on larger buyouts such as Cerba Healthcare to be syndicated.
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A new $300m loan for Indian Oil Corp (IOC) has made market participants sit up and take notice, as the 68bp margin on offer is the lowest for a five year syndicated Indian deal in nearly a decade. While bankers are keen to see the size and sources of demand for the benchmark setting trade, there is wide expectation that the borrower will get away with it. Shruti Chaturvedi reports.
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Kuwait National Petroleum (KNP) is in talks with 10 banks over a loan to fund its expansion plans.
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Indonesian telecom infrastructure provider Tower Bersama Infrastructure has approached its relationship banks for borrowings worth $500m.
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Multilateral development agency International Investment Bank (IIB) launched a debut Schuldschein (SSD) on Wednesday.
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