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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 information technology services provider iSoftStone Holdings has joined other names looking to de-list from the US, by announcing it is going private and funding the buyout using equity and a $130m loan. -
Saudi Arabian cement company Najaran has signed a Sr150m ($40m) Islamic financing facility with Banque Saudi Fransi to finance its waste heat recovery project.
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Tunisia’s Banque Zitouna has teamed up with the Islamic Development Bank (IsDB) to establish a specialised institute for microfinance.
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A group of six banks are expected to form a club to provide Hong Kong-listed Champion Real Estate Investment Trust with a HK$7.5bn ($967m) loan, according to bankers.
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Chinese property developer Yanlord Land Group is in the market for a $400m fundraising, less than three months before one of its old loans comes up for refinancing.
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China Modern Dairy Holdings has made its debut in the international syndication market with a $200m three year term loan, with bankers on the deal already counting on a solid response from lenders.
