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Former investment banker has been CFO of Verbund
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After weeks of caution and defensive trades, with tentative order books to match, the euro corporate bond market has swung back to notch a jumbo trade among its deal count. Meanwhile the loan market continues to search for a sane medium between leveraged loans' buying hysteria and investment grade’s catatonic summer.
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Shangri-La Asia Treasury is seeking retail participants for a $130m borrowing that will refinance existing debt. -
UK hospitality firm Whitbread has extended its revolving credit facility by one year after its subsidiary Premier Inn helped generate a 2% increase in profit in the first half of the year.
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French private equity firm Ardian has appointed a new co-head of its private debt division, as it prepares for big things from the sector.
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Euro Garages has widened the discount on its £250m term loan ‘C’ to 97.5, with prospects for sterling issuance less clear following a pulled deal last week.
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Commodity trader Gunvor is in the market to refinance its $1.36bn European revolving credit facility $210m of which is due to mature in November 23, according to three bankers.
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