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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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Belgium’s ADB Safegate has raised €59m in the leveraged loan market through a bolt-on transaction, with the airport services provider set for its acquisition of the UK’s Ultra Electronics Airport Systems.
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The Co-operative Group pulled out of a new bond issue and took the rare step of cancelling a tender offer this week, with bankers pinning the blame on the UK’s Brexit brouhaha.
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Denmark’s TDC is seeking to reprice its euro-denominated term loan ‘B’, as the telecoms company continues to slash at its debt costs and size in the wake of selling Norwegian cable firm Get.
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Between sleeping and waking, there is a middle phase: you realise it’s time to get up, but can’t quite bear to admit you need to get out of bed. London’s debt capital markets teams are in that zone. Brexit’s alarm has sounded, but few are eager to haul themselves into the cold air of Frankfurt or Paris.
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The UK’s Keller Group has signed a £375m syndicated loan to refinance debts, as the engineering company looks to take “tough but necessary actions” through a multi-million pound strategic restructuring to cull lossmaking operations.
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The head of NatWest Markets' private placement business has left the bank.
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