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BayernLB, NordLB and Helaba shared loan to refinance Rheingold portfolio
ECB working paper argues banks adjust to fragmentation with higher buffers, decreasing credit supply across Europe
Sxiteen additional lenders joined the syndicate as Uniper and Amazon sign offtake PPAs
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Taghleef, the Dubai-based food packaging film maker owned by Al Ghurair Group, has tightened pricing on its €285m-equivalent seven year term loan ‘B’ to a margin of 450bp, offered at 99.
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Spanish IT company Amadeus will complete its €500m revolving credit facility later this week with some changes to its bank group, according to a banker familiar with the deal.
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Six lenders have joined a $50m two year borrowing for the Cambodian arm of Vietnamese telecommunications company Viettel.
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Turkey's Dogus Holding is talking to banks about a loan of $400m, according to three bankers. A deal would closely follow one from Borusan Holding, which signed a loan earlier this month that was snubbed by international lenders.
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A sense of discord seeped into the loan market last week with bankers getting angry, lost and less-surprisingly, tipsy.
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Paediatric nutrition company Biostime has signed up one lender to arrange a $450m take out of a bridge loan raised last year for the acquisition of Swisse Wellness.
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