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Leveraged loans in stressed sectors like software carry refinancing risk
Ferrero International markets €300m deal
Six tranche loan attracts record demand
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Margins are linked to Austrian company’s ESG rating -
Borrowers need to get used to the volatility and higher spreads in the market
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Progress seen in both markets but it remains gradual
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Climate Bonds Initiative to define gold standard for corporate climate transitions
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Portfolio managers overwhelmingly expect spreads to widen
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Turkish banks have been able to refinance even in the worst crises, said one loans banker
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