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Emerging Market Loans

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  • Thai agro-industrial and food conglomerate Charoen Pokphand Foods is in the market for its third syndicated loan of the year, this time through subsidiary CP Merchandising Co.
  • A small group of Japanese banks have signed a syndicated facility that will support the funding of a solar power plant in Qatar, which is jointly owned by a consortium of Japanese, French and Qatari firms.
  • Indonesian tanker company Soechi Lines, which is facing a big hit to its shipyard operation, is in discussions with banks for a refinancing loan.
  • Cigarette packaging producer Amvig Holdings has closed its HK$1.35bn ($174m) loan with seven lenders.
  • Domestic lenders across central and eastern Europe, often government owned, have stepped up during the coronavirus pandemic to provide substantially more funding than ever before. But international bankers still see plenty of syndicated lending opportunities in the region.
  • Chinese property developer Yanlord Land Group has increased the size of its latest borrowing to $1.1bn-equivalent after receiving strong response during syndication.