MUFG

A total of 12 banks have signed the mandate letter this week for Tata Steel’s multi-currency jumbo fundraising of around $5.62bn.

Coal miner Adaro Energy Indonesia has wrapped up its $1.25bn club loan, with fourteen banks coming on board.

Indonesian telecommunications company Tower Bersama Group has sealed a loan of $300m dual currency loan, exercising the $100m greenshoe after the deal was oversubscribed.

India’s state-owned Power Finance Corp (PFC) launched its $250m five year loan into general syndication on July 11 with three participation levels, while NTPC has picked the lead for its own fundraising.

India’s state-owned Power Finance Corp launched its $250m five year loan into general syndication on July 11, offering three levels of participation.

Allocations have been revealed for Philippine shopping mall operator SM Prime Holdings’ $300m loan, in a deal that attracted such strong interest at the top level that syndication was scrapped.

Six banks have been mandated for Indian company Rural Electrification Corp’s latest fundraising, which was originally touted as a $100m deal but has already been increased to $230m.

Philippine oil refining company Petron Corp launched a $300m loan into general syndication on July 10, after strengthening the mandated lead arranger and bookrunning group in senior.

Italian defence contractor Finmeccanica has signed a €2.2bn revolving credit facility, €200m smaller than the 2010 facility being refinanced.

The Kingdom of Bahrain has mandated three banks for an international bond, according to a banker away from the deal.

Investors in Chile expect power transmission company Transelec to price a new 10 year bond on Wednesday, predicting a spread well inside that achieved by fellow Chilean Colbún, the power generator that issued last week.

Six banks have been mandated for Indian company Rural Electrification Corp’s latest fundraising, which was originally touted as a $100m deal but is now set to increase.