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In the super-competitive race to fund the artificial intelligence boom, Morgan Stanley has led its rivals by innovating. Some of the structures could be heading to Europe
Eight banks provide €360m for working capital to the German pharmaceutical distributor
BayernLB, NordLB and Helaba shared loan to refinance Rheingold portfolio
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Blount International, the US farm and forestry equipment manufacturer, joined in this week’s trend of widening prices in a leveraged loans market where demand is hard to find. -
Kenya Power and Lighting Company (KPLC) launched its $500m loan refinancing on Wednesday after over a year in the making.
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HSBC has promoted from within to head its wholesale banking business in Turkey.
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ChemChina will choose the banks to participate in the $20bn tranche of its Syngenta acquisition loan imminently, according to a banker close to the deal.
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Russian software firm, Kaspersky Lab, is refinancing a credit facility with international banks and reducing the margin despite many Russian borrowers paying more for their loans.
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As Belarus received a $500m credit line from the Eurasian Fund for Stabilisation and Development (EFSD) this week, loans bankers said they are not leaping forward to arrange a loan for the sovereign. But Russian banks were still active in the country.
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