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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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Bukit Makmur Mandiri Utama, the Indonesian mining services company, revived plans for a high yield bond issue on Wednesday after sealing a $250m syndicated loan.
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Eastern Europe’s corporate loan market is set for a rare spate of deals, with Hungarian oil group Mol soon coming to market and Polish telecoms company TPSA close to finalising a transaction, bankers said on Wednesday.
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MDM Bank will increase a $210m syndicated loan, the first from a Russian financial institution this year, to $285m and sign the facility next week, said its head of funding on Wednesday.
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Switzerland’s Mercuria Energy Group launched its first Asia-targeted syndicated loan on Wednesday becoming the latest commodity trader to tap the region's lenders on the back of popular deals for Noble, Olam and Trafigura.
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Hong Kong fabric manufacturer Victory City hit the market with an HK$800m facility on Tuesday becoming the latest mid-cap borrower to approach the syndicated loan market.