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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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Accolade Wines has obtained a $300m credit facility from GE Capital, the second such loan the Anglo-Australian wine company has received from the fund in just over two years.
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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.
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European bond specialists frustrated by the lack of corporate issuance have had their prayers answered. After a couple of quiet weeks, there was €8.5bn of issuance in euros and sterling last week and in the first three days of this week, about €10.6bn.
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Credit Bank of Moscow has succeeded in signing an international loan of up to $500m in the last few days, despite tensions over Russia's annexation of Crimea. But although 17 banks joined the deal, it was not an easy ride.
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Commodities trading company Gunvor Singapore, which started talks with banks earlier this month for a loan of roughly $700m, has postponed its roadshows, following concerns among bankers after one of the group’s founders was sanctioned by the US.
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The $410m loan for Gallant Venture has received commitments from a group of 15 lenders so far, with more still waiting to obtain their final approvals.