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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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State-owned Kenya Pipeline Co has requested proposals for a $500m 10 year loan, as it seeks to build a replacement oil pipeline between Mombasa and Nairobi.
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Turkey's state-run Vakifbank is in the market for a one year facility to refinance $803m-equivalent of loans.
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Indonesia’s Cita Mineral Investindo has sealed a loan of $330m to go towards the construction of an aluminium smelter in Kalimantan.
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Taiwan’s Chailease International Finance Corp has closed syndication of its loan after nine banks came on board the deal, allowing the borrower to raise the final loan size marginally to NT$5.05bn ($166m).
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Indonesian power company has closed the limited syndication phase of its $1.127bn loan, which saw two commitments come in during general. But four additional lenders expected to join when GlobalCapital Asia last reported on the transaction have ditched the deal, according to a banker.
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International Bank of Azerbaijan is set to launch a deal of around $125m into the loan market on Tuesday afternoon.