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United Arab Emirates business hub Dubai Airport Free Zone Authority (Dafza) has signed Shariah-compliant financing facilities totalling Dh500m ($136m) from Abu Dhabi Islamic Bank .
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The general syndication of China American Petrochemical’s NT$6bn ($202m) five year loan has already grabbed the attention of at least seven banks. But there is still time for other lenders looking to make pledges.
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Mega International Commercial Bank has launched Ju Teng International’s $80m three year loan into syndication, and is giving lenders until the middle of next month to make their commitments.
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At least four Taiwanese banks have made commitments to Mindray Medical’s $175m three year loan, and the bookrunners expect a few more to join in the next two weeks.
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United Arab Emirates business hub Dubai Airport Free Zone Authority (Dafza) has signed Shariah-compliant financing facilities totalling Dh500m ($136m) from Abu Dhabi Islamic Bank.
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Kingboard Chemicals’ HK$4bn ($516m) loan closed at the end of last week, after receiving commitments of HK$5.7bn. The leads are now in talks with the company to raise the size of the loan by as much as HK$1.5bn.