MUFG

Bank Rakyat Indonesia has opened a $1bn loan into general syndication with a group of 10 lenders at the helm.

Olam International has made a quick return to the loan market, raising a ¥25bn ($233m) Samurai facility.

Banks have shown quick interest in a new $500m loan from Indonesia’s Sarana Multi Infrastruktur (SMI), which is wooing lenders with a short tenor deal.

Far East Horizon, a Hong Kong-listed financial services firm, has launched a $1bn loan into general syndication.

Transition bonds were the hot idea of 2019 in green finance circles, appearing to offer a way to expand themed bonds to a much wider range of issuers. But the product has struggled to gain momentum. This week’s deal from Snam, the Italian gas grid company, confirmed that it has an audience, among both issuers and investors.

Mitsubishi UFJ Financial Group (MUFG) has become the second bank to issue a Covid-19 bond in the euro market following the example set by BBVA in May.

New chair at MUFG's EMEA arm — Jim Cowles turns up at ambitious fintech firm — Citi picks Sansen for trading team

Marshall Bailey will be the next chair of the board of MUFG’s securities arm for Europe, the Middle East and Africa.

A quartet of SSAs borrowed a combined A$940m ($613.4m) into the Kangaroo market this week, spurring the SSA Aussie dollar market on to its best monthly volume in over nine months.

Malaysian telecommunications company Axiata has raised $800m from an Islamic sustainability-linked loan.

Adani Electricity Mumbai has decided to close its debut offshore borrowing as a club deal with eight banks, bringing an end to long-running discussions about a possible syndication.

Indonesia’s Sarana Multi Infrastruktur (SMI) has mandated five banks for a planned $500m refinancing loan. But bankers on the deal warn the terms could change due to uncertain market conditions.