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Industrial and Commercial Bank of China (ICBC) has appointed a new head of global loan syndication, a veteran loans banker from Banca IMI. -
Philippine conglomerate San Miguel Corp is inviting banks to join a $1.75bn term loan that will be used to take out a bridge facility that supported its acquisition of Holcim Philippines.
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Ivory Coast has bolstered loans bankers' expectations that African sovereigns will become a rare source for growth in the market, closing a €300m seven year loan.
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Commodities company Trafigura has closed its annual dual-tranche borrowing, increasing the deal from $1bn-equivalent to around $1.5bn.
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Health and Happiness International Holdings, a China-based supplier of paediatric nutritional and baby care products, has returned to the loan market for a multi-tranche transaction.
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Standard Chartered has hired Linda Gu as an associate director in its loan syndication team, according to a source close to the situation.
