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Centralisation, competitiveness and cyber-risk will be political flashpoints
Société Générale and Standard Chartered provided euro and yen tranches respectively in first World Bank-backed transaction involving the Japanese currency
HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
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The leveraged finance new issue pipeline has slowed down in Europe. Market participants pointed to weak macroeconomic data, but also the recent alarms about weak covenants.
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France’s AccorHotels has bought its Paris head office for €363m, drawing on a new green loan to finance the acquisition.
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Belgium’s Ravago has amended and restated €1.65bn equivalent of syndicated loans, with an oversubscribed order book allowing the industrial materials company to increase the size of the deal.
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Qatar National Bank has returned to the loan market to refinance a €2.25bn facility, the bank's second stint in the market this year.
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State Bank of India has mandated seven banks for a $500m offshore borrowing, returning to the market just two months after closing its last facility.
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China Merchants Loscam has closed a $302m dual-currency club loan, making a comeback to the offshore market after a five-year absence.
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