Edition:
United Kingdom

Alasdair Reilly

Rise in banks' RWAs could slow lending across EMEA

09 Jul 2020

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.

Liquidity charge lifts EMEA syndicated loans

01 Jul 2020

LONDON, July 1 (LPC) - Syndicated lending in Europe, the Middle East and Africa of US$471bn for the first six months of the year was just 4% down on the previous year as corporates worked quickly to raise billions of dollars of short-term liquidity and weather the immediate Covid-19 storm, Refinitiv LPC data shows.

UPDATE 1-Man Utd draws down loan for potential player buys

27 May 2020

LONDON, May 27 (LPC) - Premier League football club Manchester United has drawn £140m of its £150m (US$184.34m) syndicated revolving credit facility (RCF), which could potentially be used to fund player acquisitions, after the club’s operating cash flows were hit by the Covid-19 crisis.

Man Utd draws down loan for potential player buys

27 May 2020

LONDON, May 27 (LPC) - Premier League football club Manchester United has drawn £140m of its £150m (US$184.34m) syndicated revolving credit facility (RCF), which could potentially be used to fund player acquisitions, after the club’s operating cash flows were hit by the Covid-19 crisis.

BP secures further US$10bn of headroom

06 Apr 2020

LONDON, April 6 (LPC) - Britain’s BP plc has agreed a US$10bn two-year credit facility to provide additional liquidity headroom in the wake of the Covid-19 pandemic and disruption in the oil market.

EMEA loans hit hard by pandemic

01 Apr 2020

LONDON, April 1 (LPC) - Syndicated lending in Europe, the Middle East and Africa totalled US$144bn in the first three months of 2020, the lowest volume recorded for any quarter for a decade, as many borrowers are left reeling from the effects of the coronavirus pandemic.

EMEA syndicated lending dips to US$984bn in 2019

06 Jan 2020

LONDON, Jan 6 (LPC) - Syndicated lending in Europe, the Middle East and Africa in 2019 totalled US$984.5bn in 2019, down 6% on 2018 volume, as global risks such as US/China trade wars, slowing economies and Brexit weighed on loan market activity, according to Refinitiv LPC data.

UPDATE 1-EMEA syndicated lending drops 25% y-o-y

01 Oct 2019

LONDON, Sept 30 (LPC) - Syndicated lending in Europe, the Middle East and Africa in the first three quarters of 2019 was down 25% compared with the same period last year, reaching US$594.7bn, the lowest nine-month total since 2012, according to LPC data.

EMEA syndicated lending drops 25% y-o-y

30 Sep 2019

LONDON, Sept 30 (LPC) - Syndicated lending in Europe, the Middle East and Africa in the first three quarters of 2019 was down 25% compared with the same period last year, reaching US$594.7bn, the lowest nine-month total since 2012, according to LPC data.

Investors line up for Parques Reunidos loan

11 Sep 2019

LONDON, Sept 11 (LPC) - Banks are showing a select group of investors a €1.16bn debt financing backing Swedish private equity firm EQT’s acquisition of Madrid-based theme park operator Parques Reunidos, banking sources said on Tuesday.

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