Taqa to dip into Asian liquidity pool

November 03, 2010 12:00 am

Taqa, the Abu Dhabi energy company, will roadshow a $3bn three and five year refinancing in Taipei and Hong Kong to attract Asian lenders, bankers say. With traditional retail liquidity thin on the ground, there is an emerging trend for senior lenders to try to tap Asian banks in syndication. Earlier deals suggest that Asian banks aren’t interested in just any deal and are not a reliable source of liquidity. To find out more about the dip into Asian money for EMEA lending, read EuroWeek this Friday.

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