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Poste will not borrow for the cash component
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
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Redexis, the Spanish natural gas distribution company, is making its first step into sustainability-linked borrowing, while amending and extending its revolving credit facility. -
Société Générale has hired a new head of M&A for France, replacing Alexandre Courbon. Two bankers have also been appointed to lead the diversified industries sector.
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PetroVietnam Gas has launched a $250m loan in general syndication, attracting one bank during senior.
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The Philippines’ Aboitiz Power Corp has launched into general syndication its $300m loan to back its acquisition of AC Energy.
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Reliance Industries settled its debut Schuldschein for €405m on Thursday, in a transaction which was widely considered a success — and promising for any arrangers looking to transport the instrument out of Europe.
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To believe their PR, banks are now paragons of clean, sustainable economic development.
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