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Emerging Market Loans

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  • Property company Shui On Land has received five commitments for a $410m loan that is in general syndication, bringing it nearer to closing a three-tranche deal that will draw on support from lenders in the mainland and offshore.
  • A joint venture led by Qatar Petroleum has tapped the export finance market to fund the $10.4bn Barzan gas project.
  • South Africa’s Imperial Mobility has hammered out a €340m acquisition facility three months after it was first priced, after some tough negotiations to get the transaction signed.
  • Bankers in the Middle East are keeping watch on the proposed $1bn-plus Hassyan independent power project as pipeline deals in the region are becoming increasingly scarce.
  • China’s Home Inns & Hotels Management closed its $240m loan at the end of November, getting three commitments in syndication that reduced the bookrunners down to their planned holding levels.
  • Property company Shui On Land has received five commitments for a $410m loan that is in general syndication, bringing it nearer to closing a three-tranche deal that will draw on support from lenders in the mainland and offshore.