Top section
Top section
Margins widen as lenders weigh up AI disruption to portfolio companies
Market still open to strategic mergers, but deal execution more selective
Borrower's sustainability credentials made a green lending a better fit, says ING
More articles
More articles
More articles
-
Biffa has signed a £350m revolving credit facility, enabling the UK waste management firm to slash £2.5m ($3.26m) off its annual debt bill as a result. -
Sean Tai, founder of Debtdomain, spoke exclusively to GlobalCapital to discuss digital platforms in the Schuldschein market: their future, barriers to entry, the risk of fragmentation — and the possibility that Debtdomain's functionality could broaden.
-
State oil company Saudi Aramco is expected to tap the bond market in the next fortnight for a deal that could be anywhere in the region of $7bn-$15bn, according to bankers in the region away from the deal. Estimates of the premium Aramco will have to pay over the Kingdom of Saudi Arabia curve is being discussed as negative to plus 15bp, depending on the size of the deal.
-
Aramco’s eagerly awaited $69.1bn deal to buy petrochemical firm Sabic landed this week, prompting speculation over the financing’s structure and timing. Loans bankers are expecting to cover a large portion of the deal and expect it will be well supported, writes Mariam Meskin.
-
A jump in Indonesia Eximbank’s non-performing loan (NPL) ratio caused it to breach a loan covenant, it was revealed this week. Lenders reckon the policy bank is likely to be successful in gaining their consent to waive the covenant, but growing NPLs will make it difficult for other south and southeast Asian borrowers to raise funds, writes Pan Yue.
-
Chinese online travel agent Ctrip.com International has launched its first offshore deal, for €600m, two years after raising a larger onshore facility.
Sub-sections
