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Former investment banker has been CFO of Verbund
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Indian Oil Corp (IOC) has opened a $300m five year borrowing into general syndication, offering three levels of participation to incoming lenders. -
Moody’s has downgraded its outlook for B3/B rated Croatian food retailer and manufacturer Agrokor to negative from stable as the company’s credit quality comes under siege.
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German generic pharmaceuticals company Stada opened a structured bidding process over the weekend for the numerous offers tabled for the firm, with Advent International’s binding €58 per share offer expiring on Monday.
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Novelis’s $1.8bn Asian refinancing of its US term loan B has seen four new lenders come in during syndication, as the leads hold out for several more large commitments.
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Harvest Operations Corp said last Friday that it has completed a C$1bn ($763m) refinancing, comprising a new term loan and restructuring of an existing credit facility.
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Swiss commodities trader Ecom is back in the market for a one year revolver, mandating four banks for the $400m borrowing.
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