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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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NewOcean Energy Holdings is seeking consent from banks to postpone a principal payment on a $150m loan signed in 2016. -
Indonesian oil and natural gas company Pertamina has shortlisted six banks for a bridge loan of as much as $3bn to support its acquisition of energy assets.
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Carl Roberts, head of loan syndication for south and southeast Asia at ANZ, is retiring after nine years with the Australian bank.
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The Arab Republic of Egypt — a frequent bond issuer — has signed its first syndicated loan. Egypt’s debut in the market, bankers said, is an attempt to diversify its funding to support an expanding state budget, just months after its debut green bond was delayed due to Covid-19. Mariam Meskin reports.
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Ex-Barclays banker joins Finsbury to develop equity advisory — Laubjerg hired for natural resources at HSBC — Rousseau leaves Deutsche and joins Citi
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Singapore’s property investment company CapitaLand has raised a S$200m ($146m) equivalent bilateral loan linked to both Sora and Sofr, the first of its kind in the country.
