UniCredit
-
UniCredit took advantage of a strong rally in subordinated paper to raise €750m of new tier two funding on Thursday, despite being on the lookout for a new chief executive and a new capital strategy. -
-
Hotelbeds, the travel services operator based in Majorca, launched syndication for its €490m term loan ‘B’ on Thursday. The loan will be used for Cinven's and CPPIB's acquisition of Hotelbeds.
-
UniCredit took advantage of a strong rally in subordinated paper to raise €750m of new tier two funding on Thursday, despite being on the lookout for a new chief executive and a new capital strategy.
-
ABN Amro has given Brian McGirr a new role as head of debt solutions for Asia, and also named two internal transfers to his team.
-
Croatia has picked four banks for a euro-denominated bond and is embarking on investor meetings for the deal next week.
-
UniCredit said late on Tuesday that its chief executive, Federico Ghizzoni, would step down.
-
UniCredit’s chief executive, Federico Ghizzoni, has been forced out. There are grumblings about the bank’s low capital levels, high costs, and sprawling strategy, and suggestions that UniCredit needs to sell assets and build capital.
-
Artsana, the Italian babycare products manufacturer, has replies due on Thursday for its €575m debt package backing InvestIndustrial’s 60% equity stake acquisition.
-
CVC Capital Partners is set to close two leveraged buyouts at early bird stage for Tipico, the German gaming operator, and Doc Generici, the Italian generic pharmaceutical firm.
-
UniCredit has appointed Amit Dewan to the newly created position of head of financing and advisory for Asia Pacific, furthering bolstering the bank’s operations in the region.
-
Instituto de Crédito Oficial has sold what some bankers believe may be the first negatively yielding bond from a Spanish issuer.
