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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
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Volume dips only slightly despite there being a third fewer transactions
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Russian state owned financial institution VTB has invited international lenders to bid for to mandate on a syndicated loan of up to $2bn.
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Taiwanese demand for Indian banks is drying up, leaving borrowers contemplating club deals and top-up syndications.
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Australian airline Qantas has launched a A$315m ($319m) loan to refinance existing debt. The borrower will meet domestic and Asian investors next week, becoming the latest Australian company to tap Asian demand after OneSteel met lenders in the region.
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Bankers are optimistic that loans for Reliance Telecommunications (RComm) and Tata Telecommunications will not be affected by a growing scandal over the auction of 2G licences in India — or by competition between the two companies for commitments.