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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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Only 12% of voters in EuroWeek’s latest loans poll thought Dubai’s debt crisis would scare banks off the Middle East for years. Almost a third said pay-to-play would still rule and that banks would continue lending just to win a toehold in the region.
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The Singapore Sports Hub consortium asked banks this week to submit take and hold tickets for a S$1.75bn project loan, ignoring underwritten proposals in favour of cheaper financing.
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Indonesian state-owned oil company Pertamina launched the second stage of syndication for a $700m five year loan on Tuesday after an enthusiastic early response.
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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.
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Russia’s state-owned Vnesheconombank is expected to sign an $875m syndicated loan next week, with bankers hoping the well-received deal will lead to more of the country’s banks coming to the market. -
The Singapore Sports Hub consortium asked banks this week to submit take and hold tickets for a S$1.75bn project loan, ignoring underwritten proposals in favour of cheaper financing.
