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Volume dips only slightly despite there being a third fewer transactions
Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
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Vitol’s $1.7bn refinancing loan has swelled to $1.87bn, signing up eleven mandated lead arranger and bookrunners for the trade -
Saudi Advanced Industries Co has signed a three year Shariah-compliant SR150m ($39.9m) financing facility with Saudi Hollandi Bank.
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Emirates Steel - Wissol - UBA - Kenya Pipeline Co
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Russian steel firm Evraz has priced a $700m loan at a margin of 350bp over Libor, drawing praise from lenders working on the deal.
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Polish copper producer KGHM has been swamped with big tickets for a $2.5bn five year deal, and looks increasingly likely to price the loan inside that of its compatriot oil refiner PKN Orlen.
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Indonesia Eximbank has finalised allocations for its loan, increasing the size of the deal with the inclusion of a short-dated tranche that brought some rare lenders into the syndication.
