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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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Rabobank’s head of loans syndications How Seen Tiat left at the end of December in a sign that the bank is rethinking its loan strategy in the region.
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Orascom Hotels and Development, a subsidiary of the eponymous Egyptian conglomerate, signed its first syndicated loan on Monday, an E£850m ($158m) seven year facility.
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Natixis has stepped up its push into the Asian loan market, hiring Rikki Chui to its loan syndications team from KBC.
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Singapore real estate developer Overseas Union Enterprise launched a S$500m ($359m) loan into syndication on Friday, becoming the second borrower to tap the Asian loan market in the first week of 2010.
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HDFC Bank is set to launch syndication of a $75m fully underwritten loan through Calyon, Natixis and Standard Chartered in the next two weeks, as loan bankers expect a rush of deals from Indian financial institutions.
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Singapore real estate developer Overseas Union Enterprise launched a S$500m ($359m) loan into syndication on Friday, becoming the second borrower to tap the Asian loan market in the first week of 2010.