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Consortium of eight banks provided the loan and facility contains 'rendevous' clause for switch to green purpose loan
Paul Gibbs among those departing the firm after long service
More robust growth expected in 2026
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The University of Nottingham is looking to sell US private placements, according to market sources, becoming the third UK university to enter the private debt market this year.
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James Janoskey will head up JP Morgan’s investment banking activities for energy in Europe, the Middle East and Africa. -
The UK’s GoCo Group has refinanced its bank debt with £115m of loans, with the insurance and price comparison group more than doubling the size of its revolving credit facility as it looks to fund a new “transformative” strategy.
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Schroders says it is the first asset manager to link its revolving credit facility to environmental, social and corporate governance metrics, as the financing structure continues to find widespread use in the high grade loan market.
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Issuers across emerging markets are adamant they will not let growing global market volatility hinder their activities, with three major issues from Kuwait, Russia and Saudi Arabia winning heavy investor attention this week. A possible downgrade for South Africa next week could test their resolve.
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JP Morgan has appointed Alex Watkins as head of equity capital markets for the UK, replacing Nicholas Hall. Meanwhile, the bank has picked a new head of its consumer and retail sector coverage team for UK investment banking.
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