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Former investment banker has been CFO of Verbund
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Coffee maker Jacobs Douwe Egberts (JDE) and education publisher Infinitas both held lender calls on Tuesday for refinancing deals, though merger and acquisition financing could subdue the latest spate of repricings in leveraged loans, one senior banker said.
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A banker at one of Ecom Agroindustrial's new lenders, Raiffeisen Bank International, said that the bank was following a strategy to build new relationships with soft commodity firms in joining the Ecom deal.
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Syndication is under way for a A$500m ($380m) five year facility to support Philippine consumer food and beverage company Universal Robina Corp’s acquisition of Snack Brands Australia.
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China Universal Leasing, which had initially invited banks to a Rmb1bn ($150.5m) onshore loan, is considering boosting the size of the facility following a good response during syndication.
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As Middle Eastern countries reconfigure to lower oil prices, their funding needs could reach $560bn between 2015-2019, said S&P Global Ratings in a report on Monday.
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Fresenius has completed a €1.2bn incremental loan to help fund the acquisition of Spanish hospital group Quirónsalud. The company has also added a fourth bank to a separate €3.75bn club loan to help fund the purchase, according to a banker close to the deal.
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