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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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Loans bankers in Asia are keeping a close eye on South Korea, amid strong expectations for an increase in deals over the next two months. But while borrowers elsewhere are reaping the benefits of falling margins, Korean companies should be prepared to pay higher prices if they want to catch lenders’ attention, writes Rashmi Kumar.
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Chinatrust Commercial Bank and First Gulf Bank have joined as mandated lead arrangers on BFI Finance Indonesia’s $75m three year loan, after committing $15m. At least 10 other lenders are also considering joining the transaction at different levels, said bankers.
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Egyptian marine and offshore oil services company Maridive and Oil Services has signed a $150m loan in Egypt’s first ijara Islamic financing.