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PTPN signs loan extension
Indonesia palm oil company Perkebunan Nusantara III (PTPN) has signed an extension agreement for a $390.6m loan after almost a year-long discussion with banks.
19 Apr 2021 -
Mind ID seeks $1.5bn in general syndication
Mining Industry Indonesia (Mind ID) is testing lenders’ appetite for a $1.5bn dual-tranche loan that has been launched into syndication through a group of eight banks.
16 Apr 2021 -
Taiwan’s Chailease, Jih Sun make loan return
Chailease International Leasing Co, a Vietnam-based subsidiary of Taiwan’s Chailease Finance, is gearing up to launch an up to $100m loan.
14 Apr 2021 -
Freeport mines loan comeback
Freeport Indonesia, a copper mining company, is in talks with banks for a new $750m loan for capital expenditure, after being forced to cancel a larger facility last year owing to the Covid-19 pandemic.
14 Apr 2021 -
SF's Kerry loan oversubscribed by sub-underwriters
Chinese delivery company SF Express Co’s loan to support its acquisition of Kerry Logistics Network has received strong support from banks in senior syndication.
09 Apr 2021 -
Daewoo E&C builds $200m conventional, Islamic loan combo
South Korea’s Daewoo Engineering & Construction Co has raised a $200m loan consisting of conventional and Islamic financing tranches, in a deal driven by Middle Eastern banks.
24 Mar 2021 -
Trafigura adds sustainability KPIs to loan
Trafigura, one of the world’s largest commodity traders, has completed its European bank facility refinancing to add sustainability-linked targets to its debt, a month after the company made its debut in the Schuldshein market.
22 Mar 2021 -
Formosa sends out RFP for Australia iron ore mine
Taiwan’s Formosa Plastics Corp is planning a quick return to the loan market, sending out a request for proposals for two loans totalling $930m to support an iron ore mining project in Australia.
22 Mar 2021 -
Indo NBFIs ready loan market comeback as economic recovery fuels fundraising
Indonesian multi-finance companies are ready to charge back into the loan market after a quiet 2020, as the country’s economy picks up and consumer sentiment improves. Banks are also ready to accept borrowers from the sector, but there are challenges ahead, writes Pan Yue.
18 Mar 2021 -
Jardine Matheson to fund $5.5bn subsidiary acquisition with loan, cash
Jardine Matheson, one of Hong Kong’s oldest business giants, is planning to fund a $5.5bn acquisition of a minority stake in its subsidiary through a combination of loan and internal cash.
11 Mar 2021
