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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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Ecom Agroindustrial Asia has opened up a $300m one year loan into general syndication, aiming to refinance a similar facility falling due in April this year.
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Australian employment website Seek has sealed its loan of A$770m ($692.1m) after strong demand from lenders during syndication allowed it to increase the final deal size from the planned A$565m.
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Malaysia’s AmBank has closed syndication and finalised allocations for its $300 three year loan, after six banks committed to the transaction.
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The deadly clashes between protesters and police in Kiev have made a country that was already off-limits to many lenders the risk/reward equivalent of tossing cash into a black hole. The impact this will have on Ukraine’s corporates has the potential to be devastating.
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The Middle East syndicated loan market this week finally fired up its engines when Ooredoo approached banks for a loan of up to $1bn and Commercial Bank of Qatar signed the first deal in the region this year.
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