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Syndicated Loans

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Deal liberates capital and tempts investors to take new frontier market risk
Executive moves from Deutsche to be MD
Banker poached from Citigroup
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  • SRI
    Franklin Roosevelt’s New Deal helped pull the US out of the Great Depression. Climate change is a bigger crisis and requires a similarly total response. But is the European Commission being ambitious enough? And will politicians, business and society accept the changes required? Jon Hay reports
  • Credit Suisse expects to make a pre-tax loss in its investment banking and capital markets (IBCM) division this year, it said at an investor day on Wednesday. But it pointed to a strong pipeline for 2020.
  • Luxury car maker Ferrari has signed a new €350m revolving credit facility, following the trend of borrowers reducing the size of their undrawn bank loans when refinancing.
  • Taiwanese banks are increasingly getting sign-offs for larger commitments for loans from southeast Asia, India and Australia, as well as for lower priced deals and longer tenor transactions from these regions. This is as Taiwan’s lenders continue to step away from Chinese borrowers, writes Pan Yue.
  • Schuldschein salespeople, hunting for new investors with deep pockets, are targeting institutions with environmental, social and governance portfolios as the trend for green deals flourishes.
  • Investec has entered the loan market for the third time this year, taking a $450m two year term loan from a range of international lenders.