LONDON, July 9 (LPC) - Banks' appetite for syndicated loans
could reduce substantially as lenders address the increase in
their risk-weighted assets as a result of the impact of
Covid-19, bankers said.
LONDON, July 3 (LPC) - Abu Dhabi state-owned holding company
ADQ is in the market for a US$2bn-$3bn loan, which is expected
to be provided by a club of international lenders, according to
LONDON, July 2 (LPC) - Oman is in the market for a US$2bn
bridge loan from international and regional lenders, which
bankers expect the sultanate to complete successfully despite it
being downgraded further into junk territory.
LONDON, July 1 (LPC) - Dutch retailer Hema’s senior secured
noteholders (SSNs) are set to take over the business through a
debt-for-equity swap, as more than 80% of noteholders agreed to
a debt restructuring, banking sources said.
LONDON (LPC) - A consortium of investors has signed a US$7.96bn commercial loan to back a US$10bn gas infrastructure deal it has agreed with Abu Dhabi National Oil Company, banking sources said.
LONDON, June 24 (LPC) - A consortium of investors has signed
a US$7.96bn commercial loan to back a US$10bn gas infrastructure
deal it has agreed with Abu Dhabi National Oil Company, banking
LONDON, June 18 (LPC) - Russian steel company NLMK
is in the market for a US$500m-$750m revolving credit facility
that will provide extra liquidity, bankers said.
LONDON, June 17 (LPC) - Ghana Cocoa Board’s (Cocobod) annual
pre-export financing will be raised by a club of banks as
lenders declined to underwrite the risk amid the uncertainty of
the coronavirus pandemic, banking sources said.
LONDON (LPC) - The UK government could face hefty losses on loans made to struggling businesses during the Covid-19 pandemic due to its new insolvency law that can force lenders to accept unfavourable terms during a debt restructuring process.
LONDON, May 28 (LPC) - A new insolvency law fast tracked by
the UK government as a response to the impact of the Covid-19
pandemic on businesses has prompted confusion and disappointment
among restructuring advisers.