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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
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Banks working on Haitong International Securities Group’s HK$1bn ($128.78m) three year revolver have closed syndication, after gathering more than enough commitments to cover the deal.
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Hong Kong property companies have come to the fore in the loan market this week, with three groups launching big Hong Kong dollar deals and a fourth talking to banks.
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Fubon Bank has launched United Laboratories International Holdings’ $80m three year loan into general syndication, but is still welcoming lenders to join the deal at the top level.
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The large consortium of banks working on Noble Group’s $1.55bn loan have closed syndication, and plan to sign the deal on May 13 and 14.
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Uni-President China Holdings will sign its $200m five year loan on June 3, after netting commitments totaling $307m from a group of 11 lenders.
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Turkey’s Isbank has signed a $1.3bn-equivalent one year refinancing loan from 47 banks. The deal is split between a $441m tranche and a €631m ($830m) piece.