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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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The sponsors of an $8.3bn project financing for the Jubail oil refinery in Saudi Arabia have made only a small concession to potential lenders in a revised proposal sent out recently.
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Natixis has reorganised its global project finance business, which will be led by Benjamin Sirgue. The division will be based on four regions and will be supported by several sector teams.
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X5, the Russian food retailer, has opted against refinancing a $1.1bn facility due next year in the syndicated loan market, instead on Monday signing a ruble-denominated forward start with Sberbank, the state-owned lender.
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Hungary’s OTP Bank has surprised the syndicated loan market by attracting more commitments than expected on a Eu150m deal closed in the last few days.
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PE firms invest in Chinese web portal Sina