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Eleven banks in deal, down from 13 last time
The company's decision to replace its facilities follows an investment grade rating and bond issue
The Italian payments company has maturities coming due in 2026 and 2027
But low spreads on bonds posing stiff competition for loan market
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The loan will have KPIs including the percentage of the company's capex aligned with the EU taxonomy -
Company outlook moved to negative though it remains investment grade
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The company has at least five other drawn facilities
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The Swiss company’s refinancing has support from more than 30 banks
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The financing takes place the same week as its €750m bond offering
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Lenders say project finance economics are working once more
