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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
Omani oil company has pushed out maturity by a year
Renamed company's $4.2bn murabaha facility has lifted Saudi banks
Volume dips only slightly despite there being a third fewer transactions
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South Korean auto manufacturer Kia Motor Corp signed a $295.7m club loan late last month, finding demand from nine different banks for the dollar and euro-denominated deal.
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Origin Energy and ConocoPhillips, sponsors of an Australian liquefied natural gas project, have completed a $2.625bn financing for a gas project in Queensland, according to bankers familiar with the deal. But Origin denied it has completed any project financing.
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E-Land Fashion China Holdings signed a rare offshore renminbi loan late last week, closing a Rmb144.5m tranche as part of a HK$333m ($42.9m) dual-currency financing package.
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Sino-Ocean Land wants to raise around $500m in the loan market, giving it part of the money to refinance a $700m loan that falls due in September. But the borrower will need to offer a lot more than it paid on the maturing deal if it is going to find demand in syndication, said bankers.