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Shanghai Sinooil Energy Holding Hong Kong, a subsidiary of state-owned China Energy Reserve and Chemical Group, has defaulted on a $400m offshore loan. -
Sumitomo Mitsui Banking Corp has hired Aaron Chow as a general manager in its investment banking department.
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Ivory Coast has closed a €300m seven year loan, as African sovereigns turn to the market for medium-term funding, with bankers expecting more to follow.
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Standard Bank is expected to raise $1bn in the loan market, up from an initial target of $500m, and slash the pricing of a three year loan by roughly 30bp.
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Health and Happiness International Holdings and Shui On Land have both made swift returns to the loan market for tightly priced deals.
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India's Tata Capital Financial Services has made a quick loan comeback, seeking a $135m-equivalent dual-currency deal.
