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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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A unit of e-commerce platform Cogobuy Group has close to doubled the size of its debut syndicated loan to $194.5m following an oversubscription from nine banks. -
Valmet — Segro — Ecom — Aluminium Bahrain — Morpho
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Ineos-owned chlorvinyls firm Inovyn increased and tightened the size and guidance on its term loan ‘B’ repricing on Thursday afternoon, as the market hopes for some overdue buyout activity.
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Valmet, the Finnish technological services company, has refinanced a €200m facility first signed in May 2013. The company swapped two of the original lenders with new banks.
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UK airport Heathrow has agreed £350m ($429.6m) in term loans with tenors of between seven to 12 years. The deal marks the end of an active year of financing for the transit hub.
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Two french firms, digital services specialist Econocom Group and research company Ipsos, have both launched Schuldscheine this week with initial sizes of €125m that can be increased.
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