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Syndicated Loans

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  • Medicover is on the hunt for at least €100m of funding in the Schuldschein market. The Swedish healthcare company joins a growing number of Nordic borrowers looking to tap the German loans market.
  • Housing Development Finance Corp has made a quick return to the syndicated loan market for a $200m borrowing, five months after it sealed a Samurai loan.
  • Bank of America Merrill Lynch hires fintech chief — Perella Weinberg builds European restructuring team — UniCredit finds SSA trading boss.
  • Tottenham to win its spurs in US PP market - Gewobag closes Schuldschein with ‘well over €1bn’ bids - Fresenius enters Schuldschein market on hunt for euros - BUUK Infrastructure sells US private placement - Ovo Group the latest to court SSE energy retail arm - Competition for UK housing association lending rises
  • London football club Tottenham Hotspur FC has entered the US private placement market, looking for £350m to partly pay off bank loans generated from the construction of its new stadium.
  • Some senior loan bankers believe there is an increasing shift in hiring practices towards junior staff, as the syndicated lending market faces mounting pressure on lenders to cut costs.