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Emerging Market Loans

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  • Indonesian auto lender Astra Sedaya Finance has allocated a $250m loan, boosting the deal well above an earlier target of $180m — and giving the company $400m of financing over the last month.
  • Indonesian auto lender Astra Sedaya Finance has allocated a $250m loan, boosting the deal well above an earlier target of $180m — and giving the company $400m of financing over the last month.
  • Power Finance Corp has launched a $100m three year loan into general syndication, offering lenders a rare chance to gain exposure to short-dated Indian risk. Loans bankers are now hoping for a wider boost in borrowing from the country over the rest of the year, writes Matthew Thomas
  • Indonesian mining company Pamapersada Nusantra has closed a $265m club loan after pulling in demand from six banks.
  • FIG
    VTB Bank’s Kazakhstan subsidiary is looking to increase its market share in the country’s small and medium sized-enterprise (SME) segment by tapping the European Bank of Reconstruction and Development for a $30m-equivalent loan.
  • Despite concerns from some corners of the market, the Republic of Kenya’s $600m syndicated loan is on course for an oversubscription when it signs towards the end of June, said a senior banker.