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AfDB hopes to launch multi-issuer securitization this year
◆ French firm takes €700m with unrated deal ◆ Double digit concession needed ◆ Deal prices inside debut, but returns higher yield
Deal liberates capital and tempts investors to take new frontier market risk
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Panama’s Global Bank Corp has upped the size of its Asia targeted syndicated loan to $135.5m from $104m. -
Cement producer TCC International Holdings has tapped the market after a two year gap, for a $450m borrowing that will refinance a loan that matures this year.
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Four banks have undewritten a bridge facility to support Groupe SEB's acquisition of WMF Group and the company is understood to be considering a small syndication of the facility.
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Dave Rome, head of loan capital markets at Royal Bank of Scotland, resigned at the end of last week to join law firm Ashurst. The move follows RBS's reorganisation of its loans business, which limited the banker’s role, said a source at the UK bank.
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French textiles and apparel manufacturer Chargeurs has agreed its debut Euro PP — a €25m seven year deal — as well as a €32m bank facility.
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The popularity of China’s marquee technology firms is showing no signs of abating, with both Tencent Holdings and Baidu increasing the size of their borrowings following bumper responses.
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