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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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Nigeria’s First City Monument Bank (FCMB) will close a $75m loan this week, in a deal that cuts FCMB’s dollar syndicated loans from $150m to $75m.
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Korea’s Asiana Airlines has swooped into the syndicated loan market for a $150m deal, picking two banks to run it.
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India’s Jindal Steel & Power is understood to have asked banks to relax a covenant on a $400m borrowing sealed in April 2013.
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The Ranger went on the hunt for meditating bankers and found that each in the market has their own definition of inner peace.
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Chinese technology giant Tencent Holdings is due to hit the syndicated loan market for a fundraising of as much as $1.25bn.
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Tele Columbus, Germany's third largest cable network, is soon to allocate its loan facilities, having completed a rights issue, while Affidea, the European diagnostics group, has closed its refinancing oversubscribed.
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