NEW YORK (LPC) - Bank lenders for high-quality US companies are taking different refinancing avenues as they seek to extend maturities on billions of US dollars in loans at a time when the Covid-19 pandemic has made liquidity a top priority.
NEW YORK, June 9 (LPC) - As immediate requests for liquidity
due to the Covid-19 crisis start to flatten, banks, lending to
highly rated companies, are looking ahead at how they can keep
up business momentum and simultaneously protect themselves from
potentially higher costs of funding and deteriorating credit
NEW YORK, March 25 (LPC) - General Motors Co (GM) is
managing a delicate balancing act as it readies to draw down
US$16bn in loans while refinancing debt of similar size, facing
a longer than expected shutdown of its plants and considerable
NEW YORK, March 19 (LPC) - As corporations draw down on
revolving credit lines to combat the expected adverse effects on
earnings of the coronavirus pandemic, the ability of US and
global banks to provide liquidity has come into question.
NEW YORK, March 12 (LPC) - US companies including Hilton
Worldwide and Wynn Resorts have begun tapping their credit lines
to shore up liquidity amid growing market uncertainty triggered
by the coronavirus outbreak.
NEW YORK, March 11 (LPC) - Travel and leisure companies have
tapped their relationship banks for new loans to bolster
liquidity and shore up investor confidence as the global spread
of coronavirus heightens fears over passenger travel and
canceled reservations pile up.
NEW YORK, Feb 6 (LPC) - - Paul Griffin has been named head
of software investment banking at HSBC, according to an internal
memo from the bank obtained by Refinitiv LPC.
NEW YORK (LPC) - China’s Belt and Road Initiative (BRI) is jumpstarting new infrastructure and energy development projects in Latin America, while opening the door for more Chinese lending in the region.
NEW YORK, Jan 24 (LPC) - Airplane manufacturer Boeing Co is
in talks with banks to obtain up to US$12bn in loans, a move
that comes as financial pressures mount on a company reeling
from a production halt on its 737 MAX aircraft, sources said.
NEW YORK, Jan 14 (LPC) - Jorge Ortiz de la Peña has been
promoted to the head of loan syndication for Latin America
at Bank of America, sources said.