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The deal maintains 2023's overall size but increases the RCF with one lender dropping out of syndicate
German corporate loan flow evaporates in third quarter thanks to lack of urgency and borrowers' desire for better terms
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
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Asklepios, Europe’s largest privately owned hospital operator, has signed a €365m revolving credit facility for general corporate and refinancing purposes.
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Another foreign issuer has joined the German Schuldschein market, as Sweden's Saab signs its first ever deal. It was arranged by two non-German banks.
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Sovcomflot, Russia’s largest shipping company, has signed a $340m bilateral loan with Sberbank CIB. In previous years it regularly obtained syndicated loans from international banks.
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Ares Management, the asset management firm, has purchased a £500m portfolio of performing UK middle-market financial sponsor-backed term loans from Barclays’ corporate banking division.
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Finnish pulp and paper maker Stora Enso has tightened margins again on its €700m revolving credit facility, this time by 20bp, after having already reduced margins on the deal by 35bp two years ago.
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Aegean Oil Terminal Corp, a Greek oil rig construction firm, has signed a $120m loan with four Gulf banks.
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