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First Abu Dhabi joins the syndicate for the short term loan all but equalling the size of a previous revolving facility
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
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Heinz Noeding is the new global head of structured export finance at Standard Chartered. He replaces Charles Carlson, who has been appointed chief executive officer of Standard Chartered Libya.
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Slovenia’s biggest bank, Nova Kreditna, has been forced to discuss an increase in pricing on its Eu120m three year bullet term loan following a two notch downgrade by ratings agency Moody’s, according to a banker on the deal. The bank had hoped to sign the loan by mid-October, but this has been delayed by the downgrade.
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Downer EDI, an Australian engineering company, plans to launch a A$400m ($397m) loan in Sydney on Friday.
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Hindustan Petroleum Corp, an Indian operator of petroleum refineries, has launched a $200m loan into syndication, becoming the latest Indian company to tap the international market.
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Commodities companies continued to swarm around Asia’s loan market this week, as Noble Group hit the road with a $1.5bn revolver and smaller rival Mercuria Energy followed its lead, launching a $330m loan.
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Woori Bank is set to increase a Eu135m facility to Eu200m ($279m), after getting a strong response from Taiwanese lenders to follow Export-Import Bank of Korea into the country’s loan market.