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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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Emerging markets-focused miner First Quantum has launched a $2.5bn syndicated loan into the market, and is already attracting lenders new to the name.
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A five year facility that will be used to finance oil purchases by BP from Rosneft will likely not reach its initial expected amount of up to $5bn.
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State Bank of India is speaking to banks about raising $300m via a three year term loan, with a top level group yet to be determined.
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Australian company Metcash is seeking a A$400m ($361.6m) loan, and has picked three banks to arrange the financing.
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SingTel Group’s fundraising of S$1.8bn ($1.4bn) is oversubscribed with commitments, and the borrower is now considering increasing the final deal size. Not only that, there is also the possibility the company may return to the market very soon with a US dollar financing.
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Foreign banks continued to scale back their exposures to emerging Europe at a consistent rate at the end of last year, rather than accelerating withdrawal in response to the Federal Reserve's tapering of its quantitative easing programme.