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Syndicated Loans

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Executive moves from Deutsche to be MD
Banker poached from Citigroup
Former investment banker has been CFO of Verbund
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  • Dongying Fangyuan Nonferrous Metals and Dongying Lufang Metals Material have returned to the offshore market for a new $300m loan.
  • Three Chinese banks have provided Jiangxi Copper Company with a $700m loan to support its acquisition of Canada’s First Quantum Minerals (FQM).
  • Singapore property developer Hoi Hup Realty has received its debut green loan of S$332.5m ($244.5m), which it will use to partially finance its acquisition of a hotel in the southeast Asian country.
  • Health and Happiness International Holdings, a China-based supplier of paediatric nutritional and baby care products, has increased the size of its loan to $675m on strong demand.
  • SRI
    The compromises made last week to reach political agreement on the European Union’s Taxonomy of Sustainable Economic Activities were beginning to become clearer, before the surprise rejection of the deal by France and some east European countries on Wednesday threw the issue up in the air again.
  • HSBC has picked Georges Elhedery and Greg Guyett as co-heads of its global banking and markets (GBM) division, replacing Samir Assaf, who has been handed a new role as chair of corporate and institutional banking.