The loan is provided by a consortium led by Bayerische Landesbank
and comprising two further German banks - KfW IPEX-Bank and ODDO BHF Aktiengesellschaft - and secured by export credit agencies Euler Hermes and CESCE.
, which also shifted some swaps to Frankfurt, and the Bank of England, LCH's primary regulator, also declined to comment.
London/Frankfurt: Fitch Ratings has assigned ratings to the debut senior preferred notes of Bayerische Landesbank
(BayernLB), Landesbank Baden-Wuerttemberg (LBBW), Norddeutsche Landesbank Girozentrale (NORD/LB), DZ BANK AG Deutsche Zentral-Genossenschaftsbank (DZ BANK) and Aareal Bank AG (Aareal).
Yes Bank has said it has tied up a three-year loan facility in a syndication led by Bayerische Landesbank
, Commerzbank (CBK.DE) (OTC: CRZBY), CTBC Bank, First Abu Dhabi Bank PJSC, Korea Development Bank (KDB), State Bank of India (SBI) (SBIN.NS) (500112.BO) (OTC: SBKJY), United Overseas Bank (UOB) (SIN: U11) (OTC: UOVEY) and Westpac Banking Corporation (WBC.AX).
The company has also arranged a new five-year, interest-only loan facility with Bayerische Landesbank
. The GBP 52.1m facility has a margin of 125 basis points above three-month LIBOR and is secured against the new Morrisons' supermarket in Sheffield and the Sainsbury's supermarket in Ashford.
The company financed 85% of the project's cost through the German Bayerische Landesbank
and 15% from the Arab African Bank, according to Infinity Solar's Investment Manager Taymor Aboul Kheir
The range is completely financed with non-recourse loans totalling GBP 45.4m offered by Bayerische Landesbank
. The financing will remain in place until 2032.
Hanwha Q CELLS instructed the law firm in May to advise on the financing of the projects with German bank Bayerische Landesbank
. The legal work was carried out by finance partners Neale Downes in London and Naomi Tudor in Birmingham.
Among the Landesbanken Bayerische Landesbank
(BayernLB 'bb+') is the most affected with EUR2.35bn unsecured (unguaranteed) loans at end-2014.
The affirmation of the bank's ratings was prompted by the completion of MKB's sale to the Hungarian state (Ba1 Negative) by Bayerische Landesbank
(BayernLB, A3 Negative, D stable/ba2).
"One hundred is something of a psychological mark," said Gerrit Zambo, an oil trader at Bayerische Landesbank