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Emerging Market Loans

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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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  • Sands China, the Macau unit of Las Vegas Sands, has received four more commitments to a $1.75bn project financing, leaving it only $75m short of a fundraising target that will allow it to resume a stalled casino project.
  • Sands China, the Macau unit of Las Vegas Sands, has received four more commitments to its $1.75bn project financing, leaving it only $75m short of a fundraising target that will allow it to resume a stalled casino project.
  • Middle East bond and loans bankers were left stunned on Wednesday when Dubai World and its Nakheel property developer subsidiary requested a six month standstill on tens of billions of debt.
  • Polish telecoms group TPSA will imminently sign a long-awaited syndicated loan of about Eu400m, boosting an eastern European corporate loan market that has been barren for most of the year.
  • Louis Dreyfus launched a $150m three year loan on Friday, becoming the latest European commodity trader to turn to the Asian loan market in search of liquidity and lower pricing.
  • The outlook for the Russian syndicated loan market is finally improving but lenders will tread carefully for a while yet. Do not expect a flood of deals next quarter.