As part of the deal, MUFG acted as Equity Bridge Loan (EBL) Arranger and Senior Debt Mandated Lead Arranger and Hedge Provider, as well as sole JBIC Fronting Facility Lender, JBIC Facility Agent and JBIC Coordinator.
Derek Halpenny, Head of Research, Global Markets EMEA and International Securities discusses expectations that the FX impact will be primarily determined by the reaction in the BTP market, which could put downward pressure on Euro Row.