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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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The head of international loan finance at South Africa's Standard Bank Group will retire after 37 years with the bank.
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Spanish infrastructure and renewable energy company Acciona has returned to the Schuldschein market with a €150m-minimum triple tranche transaction. As lenders begin to loosen lines to Italy and Spain, arrangers said there may be more borrowers from those countries to come.
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Hitesh Asarpota, a managing director at Emirates NBD Capital, has taken over loans syndication, in addition to his current responsibilities.
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Two Russian loans are expected to close within the next few weeks, according to bankers, but due to sanctions Russian syndications remain few and far between.
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Chainwin Animal Technology, a subsidiary of Taiwan’s Win Semiconductors, is looking to raise up to $200m in the offshore loan market.
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Far East Horizon has boosted its latest offshore borrowing to $1bn, attracting 10 participants during syndication.
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