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First refinancing since Fitch upgrade in December has been well received
Hyperscaler and data centre debt mountain will keep growing, even if technical stampede eases
As funds swell, pressure to deploy rises and managers can stray from their expertise
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The African Export-Import Bank has launched its new money loan into general syndication with 12 lead banks for three tranches of two and three years.
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In this week’s chapter we offer an olive branch to a contact who has been the focus of much negative attention as a result of some risky cycling. The Ranger would also like to raise a toast to a dear colleague who has recently left.
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BOC Aviation has used the full greenshoe on its latest dual-tranche fundraising, wrapping it up at $1.5bn to mark its single largest financing.
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Interoute, the UK data networks and centres company, has scheduled bank meetings for Monday in London for a €250m seven year term loan ‘B’, to refinance floating rate notes issued last year. Exterion Media has also closed a £150m div recap loan.
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Huarong International Financial Holdings has signed a dual-tranche loan at HK$3bn ($515.6m), double the launch size.
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The poll to decide the winners of GlobalCapital's 14th Syndicated Loan, Leveraged Finance and Private Placement Awards 2017 will close on Friday November 18.
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