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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
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
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Pelabuhan Indonesia III, a state-owned company that manages sea ports across the country, has issued two requests for proposals worth $203m — one targeting export credit agencies and the other commercial banks.
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Islamic loan bankers are backing their market to bounce back after a start to the year when volumes have been sluggish already compared to last year and refinancing needs are much lower than they were in 2013.
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Bankers working on Astra Sedaya Finance’s fundraising have wrapped up syndication, with plans now to increase the final deal to $670m from the launch size of $330m.
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Indonesia Eximbank has picked a group of six banks to arrange a $600m fundraising, managing to increase it from the $400m it had asked for in its request for proposals.
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Malaysia’s SapuraKencana Petroleum signed its jumbo loan of $4.977bn this month, finding demand from a group of 13 lenders.
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Political risk is the largest obstacle to growth this year in the CEEMEA loan market, according to a new survey by the Loan Market Association.