GC
-
Mideast borrowers boost Asian loan market
Two Middle Eastern borrowers are tapping the Asian loan market as part of a new syndication strategy, taking advantage of the slow primary supply in Asia.
15 Oct 2020 -
SEWA woos banks for $250m loan
Sharjah Electricity & Water Authority (SEWA), a state-owned firm in the United Arab Emirates, is making a rare appearance in the Asian syndicated loan market with a $250m borrowing.
12 Oct 2020 -
Indian loan market shows signs of revival, but faces challenges
Indian borrowers are finally returning to the offshore loan market after months of little to no action. But even as a pipeline builds, bankers remain wary of challenges around execution. Pan Yue reports.
08 Oct 2020 -
Reliance nets $1bn from loan market
Indian conglomerate Reliance Industries has made a quick return to the loan market, raising a $1bn facility to refinance a bond maturing later this month.
06 Oct 2020 -
OVL mandates six for $700m loan
ONGC Videsh (OVL), the overseas arm of India’s state-owned Oil and Natural Gas Corp, has picked six banks for a $700m borrowing.
05 Oct 2020 -
India Eximbank raises $500m loan
Export-Import Bank of India has closed the syndication of a $500m loan after securing eight banks.
29 Sep 2020 -
Olam raises S$200m Sora-linked club loan
Singaporean agribusiness Olam International has become the latest borrower in the country to offer a loan linked to the Singapore overnight rate average (Sora), a new benchmark.
28 Sep 2020 -
PFC mandates duo for $200m loan return
India’s Power Finance Corp has mandated two banks for a $200m loan, and bankers expect the firm's government ownership will draw a strong response in syndication.
23 Sep 2020 -
Chailease seeks $100m for Thai business
Taiwan’s Chailease International Finance Corp has launched its fifth loan of the year to the market. It is eyeing up to $100m through its Thailand subsidiary.
22 Sep 2020 -
Mercuria opens $980m loan with Covid premium
Commodities company Mercuria has returned for its annual borrowing of $980m. This time, it is enticing banks with a 10bp Covid-19 premium on the loan margin and fees.
22 Sep 2020
