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HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
Deal comes 11 years after the company's previous loan and was extended by two banks
Saudi Arabia mining firm furths relationships with international banks following a $1bn sukuk in January
First Abu Dhabi joins the syndicate for the short term loan all but equalling the size of a previous revolving facility
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The Australian loan market is set to rebound in the second half of 2010 with high volumes and attractive pricing, said bankers at an Asia Pacific Loan Market Association conference in Beijing on Thursday.
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Punjab National Bank is in the market with a $100m loan, becoming the latest Indian financial institution to tap the loan market this year. Another Indian bank is set to announce imminently, EuroWeek Asia can reveal.
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Hong Kong-based shoe maker Yue Yuen signed a $300n three year loan last Thursday. The loan, which is for refinancing purposes, attracted 25 banks in syndication and was oversubscribed.
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Isbank signed a dual-currency loan in Istanbul on Tuesday as the last of the top Turkish banks to refinance in the first half of 2010, but bankers expect that these borrowers will be able to be much more ambitious with the margins and tenors of facilities later on in the year.
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Isbank signed a dual-currency loan in Istanbul on Tuesday as the last of the top Turkish banks to refinance in the first half of 2010, but bankers expect that these borrowers will be able to be much more ambitious with the margins and tenors of facilities later on in the year.
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Isbank signed a dual-currency loan in Istanbul on Tuesday as the last of the top Turkish banks to refinance in the first half of 2010, but bankers expect that these borrowers will be able to be much more ambitious with the margins and tenors of facilities later on in the year.