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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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EuroWeek understands that gold producer Newcrest Mining has received various bilaterals from five or six banks worth a total of $500m at a price of under 200bp.
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Dubai’s government suffered a blow on Wednesday when Moody’s s downgraded five state-owned companies, including DP World and Dubai Electricity & Water Authority (Dewa).
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Chinese coke manufacturer Hebei Risun Coking Corp signed a Rmb875m ($128m) three year loan through Calyon last week in the fourth sole mandate for the French bank from a mainland borrower this year.
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Bank of China (Singapore) has hired Daniel Aw as head of loan syndications for the branch, becoming the latest Chinese lender to expand its loans team.