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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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Egyptian General Petroleum Corporation, the state-owned group, demonstrated this week that Africa’s top borrowers still have plenty of pulling power as it signed a $900m loan substantially oversubscribed.
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Garanti Bank is trying to push the benchmark pricing level for Turkish financial institution loans even lower after asking banks for one year money paying 200bp all-in, a level 25bp tighter than the most recent deals from the country’s banks.
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Swedish oil company PA Resources launched a $125m syndicated loan on Tuesday through sole bookrunner Standard Bank, and is targeting Asian lenders for the one year bridge.
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Clevo signed its NT$3.6bn five year loan through bookrunners Land Bank of Taiwan and Taiwan Business Bank last Friday. The deal was oversubscribed and increased from NT$3bn.
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Titanium and steel bar manufacturer Gloria Material Technology Corp signed its NT$2.63bn facility on Tuesday.