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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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Asia’s loan market looks set to get its third chance to provide acquisition funding to India’s Bharti Airtel after it agreed on Monday to pay $10.7bn for the African operations of Kuwaiti telecom group Zain.
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Qatar Aviation Lease Co, recently established to buy and lease aircraft to Qatar Airways, on Monday became the first Gulf borrower to launch a syndicated loan since November’s standstill request from Dubai World.
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Turkey’s Vakifbank sent invitations on Friday for a new one year loan paying 150bp all-in, surprising some bankers who thought it had settled on 175bp.
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China Vanke hit the market with a $300m loan through Bank of China last Friday (February 5) in the first deal to be launched into syndication in the Asia Pacific loan market in three weeks.