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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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EBRD and EIB to seek funding for vehicle to seed projects to save endangered Mediterranean -
Some banks and investors expect covenants to improve as risk rises
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Bonds with built-in payment breaks for disaster could be safer and more valuable
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Proposal backed by IMF, World Bank and ICMA sets out standard terms
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New facility does not include ESG targets
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Sanoma has syndicated a €300m revolving credit facility and €250m acquisition term loan
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