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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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China’s Agile Property Holdings is seeking a new loan of HK$6bn ($774m) with a three year tenor, and has started talks with its relationship banks for the funds. -
Polish oil company PKN Orlen has signed a €2bn loan, in the latest show of strength from central and eastern European borrowers as the syndicated loan market in nearby Russia has been shut down.
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Australia’s Spotless Group Holding, an outsourcing, laundry and linen services provider, is set to borrow loans worth around A$840m ($778.8m) after the company closes its initial public offering of A$1bn.
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Etisalat, the Abu Dhabi telecoms firm, has signed €3.15bn-equivalent of loans from banks to finance its purchase of Vivendi's 53% stake in Maroc Telecom.
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Doosan Infracore International (DII) and Doosan Holdings Europe (DHEL), part of South Korean conglomerate Doosan Group, are seeking a $1.3bn senior secured term loan from the US market.
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Perusahaan Gas Negara is meeting bankers in Jakarta on Tuesday, April 29, as bankers await a decision on whether the Indonesian company will close its $1.5bn loan onshore or offshore.
