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HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
Nordic credit bureau sticks with three original banks for term loan and RCF
Belgian car leasing company taps four banks and three investment firms
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The UK’s GlaxoSmithKline has agreed to buy US oncology company Tesaro for $5.1bn, as 'long overdue' consolidation in the pharmaceutical sector continues apace. -
The Loan Market Association has warned that the European syndicated loan market faces ‘substantial market disruption’ in the event of a no-deal Brexit, as UK prime minister Theresa May faces a tough week of trying to get a deal she has brokered over the line.
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Japan’s Takeda has signed an up to $3.7bn loan, with the pharmaceuticals company using the funds to continue chipping away at its bridge facility for its acquisition of Ireland’s Shire.
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Element Materials Technology, the UK materials testing company owned by Bridgepoint, was looking for a small loan extension this week, and seeking consent from its investors for higher leverage ratios under the loan covenants.
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Saudi Electricity Co has closed a $2.15bn revolving credit facility after months of talks, as bankers concede that banks are "unlikely to turn the tap off" on Saudi deals amid international political upheaval.
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Grand Baoxin Auto Group took $358m from the syndicated loan market after launching its latest deal at $200m in September.
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