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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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United Asia Finance has managed to increase its loan size to HK$2.436bn ($314m) from the launch size of HK$2.25bn, thanks to an oversubscription after a total of eight banks piled in during general syndication.
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Khaleeji Commercial Bank will provide financing for buyers of property on Bahraini man-made island Dilmunia, after signing an agreement with Ithmaar Development.
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Ethiopia — Tanzania — Agrokor — Polsat — International Bank of Azerbaijan
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Many emerging market loans bankers have already written off their budget hopes for the 2014-2015 financial year as tensions with Russia escalate, leaving few hopes of large deals, if any at all.
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Australian mining and materials company Arrium and offshore oil and gas services provider Mermaid Marine Australia have started digging for loans in the syndicated market.
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It’s been a bumper week for Singapore property deals, with Hotel Properties (HPL) announcing it was buying back a large chunk of its own shares, while CapitaLand has separately offered to take private one of its subsidiaries. Loans bankers are hoping for more consolidation within the sector — and an uptick in loan volumes from the city-state, writes Rashmi Kumar.