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Insurance company FWD Group’s $1.8bn acquisition loan is set to close by the end of November, with two more banks still expected to join the syndicate group.
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Nomura has appointed Abhishek Tiwaari as head of loan capital commitments and syndicate for Asia ex-Japan, a newly created position within the bank’s client financing and solutions (CF&S) unit.
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Beijing Properties (Holdings) has returned for a $100m borrowing and a source close to the situation said syndication is unlikely to be difficult, despite some banks being averse to lending to the real estate industry.
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China Development Bank Financial Leasing is returning to the offshore loan market via sole mandated lead arranger and bookrunner, China Construction Bank (Asia).
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In a marathon board meeting that lasted into the evening on Thursday, EU member states have approved a new Energy Lending Policy for the European Investment Bank, ending a dispute over how fast it can cut out fossil fuel financing. Those arguing for gas still to receive financing won substantial concessions, compared with the EIB's first draft of the policy.
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Del Canto joins Berman at agora — O'Higgins to retire from ICBC Standard — Miller becomes new IBCM head at Credit Suisse