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Vietnamese mobile device retailer Mobile World Investment Corp has made a rapid return to loans for another $100m. -
Singapore has been a front-runner when it comes to moving away from Libor to a new benchmark, with its regulators, borrowers and banks playing an active role in preparing the market. The rest of Asia’s loan market should pay attention.
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Indofood CBP Sukses Makmur, an Indonesian instant noodle maker, has launched a $2.05bn-equivalent acquisition loan into syndication. The rare appearance of a strong credit in the market this year means banks appear eager to join the deal, writes Pan Yue.
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CP Merchandising Co, a subsidiary of Thai agro-industrial and food conglomerate Charoen Pokphand Foods, has launched its $500m debut loan into general syndication.
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Property company HongKong Land has converted a HK$1bn ($129m) revolving credit facility received from DBS this February into a sustainability-linked loan.
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A $600m loan to support Baring Private Equity Asia’s take-private of Indian software firm Hexaware Technologies has been launched into general syndication, with three banks joining at the top level.
