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Deal comes 11 years after the company's previous loan and was extended by two banks
The German wind turbine manufacturer expanded its banking consortium to 11 institutions in "very favourable" deal
Saudi Arabia mining firm furths relationships with international banks following a $1bn sukuk in January
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Vicky He has rejoined Credit Suisse after leaving the bank in June. -
UK TV production company All3Media followed French insurance broker April in attempting to improve pricing on a loan signed just six months earlier, opportunistically looking to lock in a tighter margin before the market closes for the year.
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German supermarket group Rewe has entered the Schuldschein market, looking for at least €300m to pay in part for its acquisition of German wholesaler Lekkerland.
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Investment grade corporates in Europe use the loan market for a fraction of their debt funding, leaving loans bankers in the cold despite the corporate debt pile ballooning to €6.44tr.
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The issue of how "transition" activities, which are not green but are moving in the right direction, should be treated in European legislation will be discussed on Wednesday by the European Parliament, Council and Commission as they try to reach agreement on the EU's Taxonomy of Sustainable Economic Activities.
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Insurance company FWD Group’s $1.8bn acquisition loan is set to close by the end of November, with two more banks still expected to join the syndicate group.
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