| 15.01.2009 - ED&F Man's $900 mln loan refi heralds wave of deals |
| From Guardian:UK commodities merchant ED&F Man is seeking a $900 million loan refinancing as the sector tries to extend the maturity profile of its debt and lock in liquidity, banking sources said on Wednesday. ED&F Man is the first commodities trader to tap the European loan market in 2009, to replace an existing $1.27 billion facility, but sector peers are also expected to refinance the short-term tranches in existing loans shortly, they added..... Full Article: Source |