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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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Chinese telecommunications equipment provider ZTE Corp has connected with the market for a $600m four year bullet loan, picking a group of three French banks and one Chinese as its leads. -
Bank Rakyat Indonesia, which is returning to the market for a $300m loan for the first time since 1997, is shunning syndication in favour of a club deal and asked banks to respond by Thursday.
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Sunac China Holdings, which is acquiring a stake in Greentown China Holdings, is speaking to lenders for a loan of $250m, which bankers said the borrower is arranging itself.
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I’m no fashionista, but even I wouldn't leave the house wearing mismatched shoes. However, one unfortunate chap did manage to pull off this remarkable feat at the Asia Pacific Loan Market Association gathering in Macau on Wednesday.
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Internet firm Tencent Holdings, creator of messaging service WeChat and QQ, has sealed its $200m loan, five months after it was launched into syndication, but the deal drew a very weak response from the market due to its tight pricing.
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African Export-Import Bank has signed a $280m trade finance facility so that it can provide medium term funds for trade deals across Africa.
