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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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VTB Bank has approached banks for a new syndicated loan facility, in the latest sign that Russia's international loan market is opening up again after the Ukraine crisis.
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High anxiety over faltering loan volumes and a dominant G3 bond market gripped an industry gathering in Macau this week as senior loans bankers warned that the market must evolve faster or face falling further behind, writes Rashmi Kumar. With ever fewer deals up for grabs, bankers fear a damaging battle over fees is inevitable.
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The Chinese arm of Ford Automotive Finance is preparing its debut onshore syndication, pressing the pedal on a Rmb2bn ($324m) three year loan that comes hot on the heels of the company’s first auto loan ABS deal.
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The Asian syndicated loans industry is bracing itself for the return of Indian power companies, with Khopoli Investments, National Thermal Power Corp (NTPC) and Power Finance Corp looking to tap the market for a combined $705m.
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Petronas subsidiary Malaysia International Shipping Corp (MISC), which approached banks for a loan in March, has increased the size of its fundraising to $1.55bn from the original $700m, opting to arrange the deal on its own as a club.