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Former investment banker has been CFO of Verbund
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Ray Doody, former EMEA head of leveraged finance, is leaving JP Morgan and is set to join HSBC as global head of leveraged and acquisition finance at the bank.
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British American Tobacco has obtained a £5.68bn revolving credit facility, in addition to the $25bn acquisition loan it agreed earlier this month with an 18 strong bank syndicate.
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German building materials maker Xella has cancelled a proposed €350m high yield bond issue, adding that amount to its €1.15bn term loan ‘B’ offering, which backs Lone Star’s $2.3bn buyout of the firm.
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ANZ has made a new hire to its loan syndications team in Australia. The move comes close on the heels of high level changes in the department.
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Tsinghua Unigroup, part of Chinese state-owned Tsinghua Holdings, is considering increasing the size of its $300m debut syndicated loan after commitments of nearly double the amount poured in.
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Sky Bet, the UK gaming company owned by private equity firm CVC, is planning to cut margins on its existing term loan as activity stirs in the sterling loan market.
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