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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
A slow destruction of misallocated investment is more likely than a sudden stop
Investors confident software fears are overblown
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Cofco International, a commodities trading unit of China’s agri-products company Cofco, has increased its sustainability-linked loan to $2.3bn after receiving commitments from 21 lenders. -
Chinese real estate company Country Garden has closed its $1.1bn-equivalent syndicated loan.
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Chinese sportswear manufacturer Xtep International Holdings has returned to the loan market for a HK$1.6bn ($204m) refinancing deal that is open only to existing lenders.
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ANZ's Paul Brickell has transferred to the bank’s loan syndications team as a director, according to a source close to the situation.
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Chinese delivery services company SF Express is seeking a HK$5bn ($640m) syndicated loan to refinance a bridge facility used to support its acquisition of Deutsche Post DHL’s supply chain business in the Mainland.
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Forth Ports, the port operator headquartered in Edinburgh, has sold roughly £300m-equivalent of US private placements (PPs).
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