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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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Petron Corp, the Philippines-based oil refining and marketing company, is set to launch a $300m five year loan into limited senior syndication today, May 22, in a bid to build the mandated lead arranger and bookrunner group before opening up to the wider market. -
The National Bank of the Republic of Kazakhstan has signed an agreement with the European Bank for Reconstruction and Development that will give the EBRD access to up to $1bn-equivalent of tenge to lend to Kazakh businesses.
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A winning team has emerged in the most hotly contested African trade finance deal of the year. Ghana's national cocoa board, Cocobod, has mandated a consortium of six banks to arrange its annual one year pre-export finance facility.
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Australian telecommunications company Telstra Corp has opened up a A$1.5bn ($1.4bn) three year loan to the market, in what is the group’s first syndicated loan since May 2009.
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BNP Paribas has promoted Leroy Knowles to head of loan syndications, Middle East and Africa.
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Coal miner Adaro Energy Indonesia is seeking a loan of up to $1.25bn to refinance outstanding debt, as part of its measures to deleverage its balance sheet.
