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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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Maldives has once again hit bankers’ radars after private equity firm Blackstone sealed a $150m loan last week, refinancing the funds it took less than a year ago to buy stakes in two seaplane operators in the island nation. -
China’s ZTE Corp, a provider of telecommunications equipment, is seeking a loan of between $450m and $600m and has started preliminary talks with banks.
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Kuwaiti telecoms firm Zain has signed a four year $250m murabaha financing facility with two local banks and one other bank in the Gulf. Zain will use the funds to support its operations and fund its expansion plans.
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Malaysian mobile phone operator Maxis has signed a debut Islamic financing deal with RHB Islamic for MR2.5bn ($764m).
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SriLankan Airlines has signed a $150m multi-currency Shariah-compliant refinancing facility with Standard Chartered and four other Gulf banks.
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Turkish agricultural trader Tiryaki has signed a $250m borrowing base facility from development and commercial banks.
