Syndicated loans â news in brief, February 14, 2014
Bunge Finance â Vallourec refis â Kenya starts loan talks â MTN South Africa picks Barclays for RCF
View ArticleBarclays loan job is Taylor made, while RBS bankers await their fate
Barclays has appointed Keith Taylor as head of European loan syndicate following the departure of managing director Jonathan Macdonald from the bank.
View ArticleLenders not worried by Chinese banks... at least not for now
Proposed regulatory changes that will allow Chinese banks operating in the UK to tap their parents' balance sheets will only have a small effect on the EMEA loan market, as Chinese banks will take a...
View ArticleEircom seeks extension on 'B' loan while leverage falls
Eircom Group, the Irish telecom firm, has said that it wants to extend the maturity on a senior credit facility to a time when it is more likely to be able to repay âat economics that make sense for...
View ArticleDiaverumâs â¬900m refi loan still in the works
Diaverum, the Swedish dialysis clinic operator, is making slow progress on a planned â¬900m refinancing loan. The launch is not expected until at least March.
View ArticleIneos seeks price cut on $4bn loan
Ineos was this week expected to rely mainly on its existing group of lenders to achieve a margin cut on the senior tranches of an outstanding $4.1bn transatlantic loan package.
View ArticleScout24 signs â¬695m of loans at tighter price
Scout24, the German online directories and listings company, has signed â¬695m of loans backing its partial acquisition from Deutsche Telekom by Hellman & Friedman.
View ArticleSolocal seeks maturity extension and capital increase
Solocal Group, the French directories firm formerly known as PagesJaunes, is looking to extend the maturity on part of a â¬2.25bn loan package raised in 2011. The firm is also set to raise â¬440m...
View ArticleCabot CFO says £105m bridge for Marlin can convert to term loan
UK consumer debt collector Cabot Credit Management has signed a £105m bridge loan to part-finance its acquisition of Marlin Financial Group.
View ArticleLeveraged loans â news in brief, February 14, 2014
Humana closes senior â Stena seeks term loan â Bureau van Dijk allocates â Ocean Rig amends and extends â Tele Columbus looks to grow
View ArticleBanks scrabble for revenue as CEEMEA lending plunges by 89%
Emerging market lenders are facing a revenue shortfall this quarter as the number of loans signed in the CEEMEA region plummeted by 89% year-on-year in January, even as loans bankers insist that they...
View ArticleAramark refis $4.8bn of loans after IPO
Aramark, the US catering and facilities management group, has launched $4.8bn-equivalent of loans to refinance debt, only two months after its third time being taken public.
View ArticleSyndicated Loan Awards 2013
Over the next two pages are the winners of the EuroWeek Syndicated Loans Awards 2013, as voted for by market participants in a poll that was conducted in November and early December last year. The...
View ArticleFive things you may have missed at EuroWeek's Loans Awards dinner
EuroWeek held its Syndicated Loans and Leveraged Finance Awards at Londonâs Guildhall last Wednesday. The great, the good and â by definition of not winning an award â the not so good, of the...
View ArticleStemcor agrees third standstill for $1.25bn restructuring
London-based steel trader Stemcor has signed a new standstill agreement with its lenders to extend until the end of 2014 the deadline to restructure $1.25bn of syndicated loans.
View ArticleDevelopment Bank of Kazakhstan gets multilateral loan
Development Bank of Kazakhstan has signed a â¬120m loan as it seeks to increase lending to transport, infrastructure and energy projects.
View ArticleEgypt's Mobinil signs E£2.26bn loan to refi debts
The Egyptian Company for Mobile Services (Mobinil) has signed an E£2.26bn ($324m) syndicated loan to refinance bank debt and repay bonds due to mature in the next two years.
View ArticleCeva to market â¬700m cov-lite loan in March
Ceva Santé Animale, a French veterinary health business, is looking to sell â¬700m of term loans with a covenant lite structure in the second half of March.
View ArticleTrust Inns refis with £130m unitranche from Macquarie
UK pub company Trust Inns has obtained a £130m unitranche facility from Macquarie Lending to refinance debt.
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