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Deal multiple times oversubscribed as investors buy into electrification and AI story
Deal comes after bank built M&A matchmaking system using AI and invested in BlockInvest
Deutsche enters banking syndicate, ING and Commerz sit out of fresh transaction
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MD Medical Group, the Russian private hospitals group that specialises in paediatric and maternity care, will consider a share sale on the London Stock Exchange to partly finance the opening of 10 new medical facilities across Russia over the next three years.
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Hochtief, the German engineering group, has joined the ranks of blue chip names rushing to the Schuldschein market, having launched a €150m deal on Tuesday.
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The repricing train steams on in European leveraged loans, although several buyouts are coming down the track, offering new paper and the promise of some yield to desperate investors.
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GlobalCapital revealed the winners of its Syndicated Loan, Leveraged Finance and Private Placement Awards 2016 at its 14th Annual Loans Dinner on Wednesday. A dozen borrowers — corporate, bank and sovereign — from all over the EMEA region attended the dinner of 250 people at the Guildhall in London. The awards were as ever based on a poll of loan market participants, conducted at the end of 2016. As such, they are the only awards that recognise achievement in the EMEA loan market based on the opinion of the market. This year we added two high profile new awards: the Lifetime Achievement Award and Most Impressive Growing Force in the Loan Market. Participants at the dinner supported the Loan Syndicate Managers’ Forum’s chosen charity, Make Sense of It, which supports research into, and sufferers from, multiple sclerosis. GlobalCapital congratulates all the winners and nominees.
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Chinese property developer Yanlord Land Group is poised to return to the loan syndications market with a $600m deal that will refinance a $385m borrowing raised in 2014.
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Bank of China has made a senior level change in its loans team in Beijing, transferring a banker from its Singapore branch to take up the top post in the syndications department.
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