Hotel operator Hilton Worldwide Inc BLKSHW.UL raised $2.34 billion in its IPO on Wednesday, returning to the public markets some six years after Blackstone Group LP (BX.N) took it private in one of the largest deals of the leveraged buyout boom. Hilton, whose brands include such high-end names as Conrad […]
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FCMB signs $150m syndicated term loan facility
First City Monument Bank Limited (FCMB) has signed a $150 million senior unsecured term loan facility with Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial Mandated Lead Arrangers and Bookrunners. The transaction marks FCMB’s debut facility in the syndicated loan market. The facility, which was pre-funded by Commerzbank AG […]
Heineken raises stake in India’s United Breweries for $45.8 million
Heineken NV (HEIN.AS), the world’s third largest brewer, bought an additional 1.3 percent stake in India’s United Breweries (UBBW.NS) for 2.8 billion rupees ($45.8 million) on the stock market, the National Stock Exchange data showed. Heineken, which currently owns 3.2 percent stake in United Breweries, bought 3.5 million shares at […]
