2 September 2010
Private equity firm CVC Capital Partner is financing a Eu1.2bn leveraged buy-out of Autobar, the vending machine operator, from UK Charterhouse with Eu785m of loans. read more »
02 September 2010
Russia’s Nomos Bank signed a $100m club deal on Wednesday, this week’s second loan to a private Russian bank on a standalone basis. Private Russian banks have not raised debt without the support of a multilateral institution since 2008.
Private equity firm Cinven is in advanced talks to acquire Spice, the UK infrastructure support services company, for £246.5m.
UK newspaper and magazine wholesaler Smiths News has signed a new £135m loan with a syndicate of five banks.
31 August 2010
A glut of corporate borrowers could be tempted to bring acquisition deals to the European market, having seen the success of recent acquisition loans. Bankers expect M&A activity to increase as borrowers take confidence from a BHP Billiton’s $45bn facility backing its hostile bid for Potash Corp and a syndicated loan supporting Sanofi-Aventi’s offer for Genzyme.
Bank Saint Petersburg has signed a $55m one year club deal, having cancelled a wider syndication of the facility after a weak response from lenders.
Europcar, the French car leasing company, has refinanced Eu1.8bn of debt due in May 2011 with a Eu1.3bn senior asset-backed revolver.
Abu Dhabi real estate company Sorouh launched a Dh3.5bn ($952m) loan into syndication 10 days ago, according to bankers familiar with the facility.
27 August 2010
The African Development Bank is considering its first co-financing with international lenders in an A/B structured loan for Transnet, the state-owned South African transport infrastructure firm.
A $45bn facility launched by BHP Billiton to back its hostile bid for Potash Corp of Saskatchewan has already got lenders in the loan market salivating.Only a week after the deal was launched bankers working on the loan said that it was unlikely that any invited banks would decline to commit.
BP turns to PXFs as banks learn the Yukos lesson
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Loan Ranger: The Seven Year Itch
Bookrunners of all syndicated loans marketed in EMEA — 2010 (August 19, 2010)
StanChart’s loan distribution chief moving to Singapore
by Olly Copplestone
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Turkey in the Capital Markets
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