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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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More than 20 lenders have made commitments for Indonesian company CT Corp’s $750m loan, but the banks leading the deal are not stopping there — they are giving lenders who did not meet the February 28 deadline a few more days to join the deal.
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Noble Group has picked 21 banks as mandated lead arrangers of its $1.55bn loan, and launched the deal into general syndication at the end of last week.
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Banks have just one more week to make their commitments at the senior level for Protelindo’s $600m five year loan, which has been priced at 340bp over dollar Libor.
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Banks looking to get a chunk of San Miguel Corp’s $1.3bn five year loan have until March 21 to join at the senior level, before the deal heads into general syndication.
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South Korean company Doosan Heavy Industries and Construction has raised $221.5m from a club-style loan, after pooling together commitments from two banks.