Emerging Markets

  • Sun Hung Kai builds HK$5bn club loan

    Sun Hung Kai builds HK$5bn club loan

    Hong Kong-listed Sun Hung Kai Properties has returned to the loan market for a HK$5bn ($645m) club deal. It is testing lender appetite at a time of growing selectiveness around the sector.

  • Fosun slices pricing on loan return

    Fosun slices pricing on loan return

    Chinese conglomerate Fosun International has cut pricing on a new $560m-equivalent multi-currency loan, as it counts on banks’ hunger to lend amid slow deal flow to push its transaction past the finish line.

  • Tencent in talks for $6bn club loan

    Tencent in talks for $6bn club loan

    Chinese technology giant Tencent Holdings is talking to its relationship banks for a jumbo $6bn loan, opting to once again favour a club deal over syndication in a bid to save on funding costs.

  • BNP Paribas, CS and ING to cut Amazon oil financing

    BNP Paribas, CS and ING to cut Amazon oil financing

    Three of the most active banks in financing oil exports from the Ecuadorian Amazon — an environmentally destructive industry with a long track record of trampling on indigenous people’s rights — have agreed to cease important parts of their financial support, after pressure from NGOs and a devastating oil spill in 2020.

  • Mphasis to set new record for LBO loan size from India

    Mphasis to set new record for LBO loan size from India

    Asia’s loans bankers are salivating over the prospects of working on the largest ever leveraged buyout loan from India. Blackstone is looking to exit from IT services company Mphasis in a deal that has seen plenty of interest from other private equity firms. Pan Yue reports.

  • Lenders rush to Grab loan, size gets boost to $1.75bn

    Lenders rush to Grab loan, size gets boost to $1.75bn

    Singaporean ride-hailing company Grab Holdings has boosted the size of its term loan B after receiving a strong response from the market, setting the stage for more Asian start-up firms to head to the US for financing.

Emerging markets loans news archive