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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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China National Cereals, Oils and Foodstuffs Corp (Cofco) is planning a $500m club loan, becoming the latest Chinese company to look for international money in recent weeks.
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Indonesia’s telecommunications infrastructure company Tower Bersama turned to international lenders last weekend, signing a $350m oversubscribed facility. But at least one local rival disagreed with the company’s strategy, and now plans to tap lenders with a rupiah-denominated loan.
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Agribusiness group Wilmar International has approached banks with a $1.6bn loan, providing lenders with their first opportunity to extend term financing to one of Singapore’s most sought after credits.
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Indian companies continue to stream offshore in search of international liquidity and cheaper funding rates. National Thermal Power Corp (NTPC), India’s largest government-owned power company, is mulling a $300m loan, while Suzlon Energy launched a $150m club deal on Tuesday.
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Russian coal and steel producer Mechel has secured a new $471m export credit agency-backed loan from three international banks.