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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 Bel Group, the French cheese company behind brands Babybel and The Laughing Cow, has become the first company to issue Euro private placement (Euro PP) notes with sustainability-linked margins, following in the footsteps of the loan market, the Schuldschein market and subsequently the bond market. -
Paolo Cicchine will join Deutsche Bank as vice-chairman of global healthcare coverage.
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Allergan shareholders have waved through its acquisition by rival drug company AbbVie, clearing a major hurdle on the way to billions of dollars of loans and an expected $30bn of bond issuance.
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India's Vedanta, Syndicate Bank make loan comeback — Shanghai Sinnoil defaults on $400m loan — Fullerton allocates $250m among 17 banks — Lesso closes $1.1bn refi — Indorent holds non-deal roadshows
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How much work have Asian banks put in to get ready for the end of Libor on December 31, 2021? Senior bankers in the region tend to respond to this question with shrugs, caveats and equivocations. It is clear, they admit privately, that not much progress has been made.
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Multilateral development banks including the International Finance Corporation and those covering Latin America and African have been accused of funding schemes that lead a loss of tree cover despite their environmental pledges
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