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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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Two of Hong Kong’s best-known property developers launched deals worth a combined HK$13bn this week in the clearest sign yet that confidence is returning to Asia’s syndicated loan market.
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Egyptian General Petroleum Corp, the state-owned company, is set to launch one of the first major emerging market loans of the year after recently approaching banks for a $2bn facility.
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Oil and Natural Gas Corp and Housing Development Finance Corp both completed offshore loans in December in the latest sign that Asian lenders are welcoming Indian borrowers back to the syndicated loan market.
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Indonesian state-owned oil company Pertamina launched the second stage of syndication for its $700m loan on Tuesday after an enthusiastic early response.