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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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Majorca-based travel services operator Hotelbeds has released price guidance on its €490m cov-lite seven year term loan ‘B’ following bank meetings on Tuesday in London.
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Dalian Wanda Group has tied up financing totalling HK$30.78bn ($3.9bn) for a HK$34.5bn offer to take its property arm private.
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Verisure, the B2/B rated Swedish alarms systems company, had accelerated commitments due at 3pm on Thursday for its €1.02bn term loan ‘B’.
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Aspen Pharmacare Holdings, the largest drug manufacturer in South Africa, has nearly completed syndication of a large dollar loan, according to bankers.
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Industrial and Commercial Bank of China has appointed Yi Huiman as its new chairman, replacing Jiang Jianqing who is retiring, having tendered his resignation on May 31.
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Kitty Leung, who worked in the loan syndication department at Rabobank in Hong Kong, has left the Dutch lender.
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