Edition:
United Kingdom

Alasdair Reilly

REFILE-EMEA lending rises to US$1.05trn in 2018

03 Jan 2019

LONDON, Jan 3 (LPC) - Syndicated lending in Europe, the Middle East and Africa in 2018 broke the trillion dollar mark for the first time in three years as volume rose 17.4% to US$1.05trn due to increased refinancing activity and stable levels of M&A financing, according to LPC data.

Boston Scientific backs BTG offer with £3.3bn bridge loan

21 Nov 2018

LONDON, Nov 21 (LPC) - US medical device maker Boston Scientific is backing its recommended cash offer for UK-based BTG plc with a £3.3bn (US$4.22bn)bridge loan from Barclays Bank.

Boston Scientific backs BTG offer with £3.3bn bridge loan

20 Nov 2018

LONDON, Nov 20 (LPC) - US medical device maker Boston Scientific is backing its recommended cash offer for UK-based BTG plc with a £3.3bn bridge loan from Barclays Bank.

REFILE-EMEA syndicated lending robust at US$680bn this year

03 Oct 2018

LONDON, Oct 1 (LPC) - Syndicated lending in Europe, the Middle East and Africa (EMEA) in the first three quarters of 2018 was flat compared with the same period last year, reaching US$680bn, according to LPC data.

Loan market embraces technology but queries cost

27 Sep 2018

LONDON, Sept 27 (LPC) - Europe’s syndicated loan market is on the brink of a technological revolution which will increase its speed and efficiency as banks continue to modernise, but questions remain over its implementation and cost.

Italian loan pricing rising as banks' funding costs climb

24 Aug 2018

LONDON, Aug 24 (LPC) - Pricing on syndicated loans for Italian companies is rising as political uncertainty pushes Italian banks' funding costs higher after the formation of an EU-sceptic coalition government in June.

Loan market to reprice if Libor is replaced

27 Jul 2018

LONDON, July 27 (LPC) - A staggering US$4trn of outstanding syndicated loans may have to be repriced if Libor is discontinued, because replacement rates could be substantially lower than the existing benchmark.

Sainsbury’s gets £3.5 billion loan package for Asda buy

04 Jul 2018

LONDON (LPC) - UK supermarket Sainsbury’s has agreed £3.5 billion of syndicated loans to back its proposed £7.3 billion acquisition of Walmart's Asda, the company said on Wednesday.

EMEA syndicated loans steady at US$478bn

02 Jul 2018

LONDON, July 2 (LPC) - First half syndicated lending in Europe, the Middle East and Africa (EMEA) of US$478bn was down 4% compared to the first six months of 2017, according to Thomson Reuters LPC data, as borrowing remained steady in the face of global economic and political uncertainties.

RBC to provide financing for £2.2 billion ZPG buyout

11 May 2018

(LPC) - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG , owner of online property platforms Zoopla and PrimeLocation.

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