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Emerging Market Loans

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  • A lack of ancillary business from Russian oil producer TNK-BP over the last 12 months is prompting loans bankers to push back against the borrower’s attempts to cut the margin on its new $1bn four year loan.
  • FIG
    Albaraka Turk Katilim Bankasi has launched syndication of its $150m dual-currency one year murabaha facility.
  • The news that almost a third of Bank of Moscow’s $30bn loan portfolio may include non-performing real estate loans is a reminder that — in emerging markets in particular — international lenders' credit processes must be strong enough to drill through what can be opaque financial reporting.
  • Bank of Sharjah, which was the first Middle Eastern financial institution to borrow from the loan market following the global financial crisis, has mandated banks for a two year money deal.
  • FIG
    Bank of Sharjah, which was the first Middle Eastern financial institution to borrow from the loan market following the global financial crisis, has mandated banks for a two year money deal.
  • Danish crown, the world’s second largest pig slaughterhouse, has signed new three year multicurrency loan facilities of Eu250m and Dkr200m ($38.91m).