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Ardshininvestbank has signed the first ever international commercial banking loan for an Armenian bank that does not use support from multilateral agencies. -
Agribusiness Wii, a fully-owned subsidiary of Wilmar International, has wrapped up syndication after increasing the final loan to $2.49bn from the launch size of $1.75bn.
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The central bank of Malaysia is in talks with lenders operating in the country about putting into effect new rules to limit banks’ exposure to domestic borrowers. If implemented, the changes are likely to push Malaysian companies offshore — and boost their presence in the US dollar loan syndication market, say bankers.
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Far Eastern Group is expected to formally mandate a group of five banks next week to lead its $400m five year loan, down from the seven that were frontrunners in early January.
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Aluminium manufacturer China Zhongwang Holdings is seeking a $500m three year loan, expected to launch into syndication this week via a group of six banks.
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Indonesia’s Perusahaan Gas Negara is seeking a loan of up to $1.5bn, and sent out a request for proposals to banks on Friday, March 7.
