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ANZ

  • Andrew Géczy is leaving his role as chief executive officer for international and institutional banking (IIB) at Australia and New Zealand Bank to seek new opportunities.
  • A $300m three year loan for Development Bank of the Philippines (DBP) has gone into general syndication via three mandated lead arrangers and bookrunners.
  • KEB Hana Bank battled choppy markets with its first international outing after its merger. As volatility heightened during bookbuilding, the lender opted to scale back the size of the deal in exchange for tighter pricing.
  • Tata Power subsidiary Bhira Investments is understood to have mandated six banks to arrange a refinancing of a $460m loan wrapped up in October 2014.
  • Tata Steel's $1.5bn refinancing has been launched into general syndication after a senior phase that began in early December.
  • South Korea’s KEB Hana Bank has gone live with the first international bond since its merger, launching a dollar deal on Wednesday morning.
  • Indian company UPL is making a return to the international syndicated loan market after a break of nearly 10 years with a $200m borrowing.
  • South Korea’s Kookmin Bank has selected four banks to run a potential return to the covered bond market, but a source at the issuer said that due to unfavourable market conditions, there’s a possibility that the deal will not materialise.
  • Development Bank of the Philippines (DBP) has opened a $300m three year loan to retail participants, having picked the mandated lead arrangers and bookrunners in mid 2015.
  • China Water Affairs has allocated its latest loan of $200m, doubling the deal size after a score of lenders formed the syndicate.
  • A $100m syndicated loan for China Water Affairs Group has closed with over 10 banks piling in, prompting the borrower to consider doubling the size of the deal.
  • Tata Motors has made a rapid return to the international loan market for a refinancing worth $250m, launching the deal just a few weeks after signing a $600m fundraising.