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Syndicated Loans

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  • Tip Trailer, the Dutch trailer services company, has refinanced its revolving credit facility (RCF), ramping the size up to €967m as it gathers funding for a range of growth plans.
  • A loan for Stella, a French shutter and grill manufacturer, is set to be allocated on Friday, with the deal oversubscribed at original guidance on Thursday afternoon, wrapping up another project shelved in the face of last year’s deteriorating market.
  • Germany’s Berlinovo Immobilien has signed €1.15bn of loans to refinance a large chunk of its bank debt, with the the state-owned real estate firm locking in long term financing.
  • Global fintech M&A is forecast to have another stellar year after providing multi-billion dollar lending opportunities in the last 12 months, with the UK expected to continue leading the way despite Brexit uncertainty.
  • GlobalCapital revealed the winners of its 2018 Loan Awards at its annual Syndicated Loans and Leveraged Finance Awards Dinner at the Jumeirah Carlton Tower in London on February 6. The complete results are below. GlobalCapital congratulates all the winners and nominees.
  • Here Technologies, the Dutch provider of mapping and location services, has signed a €500m credit facility. Some European loans bankers insist they are swamped with deals, even though they have just finished the quietest January for years.