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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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Australian ports and rail operator Asciano Group is close to securing a A$1bn forward start facility (FSF) that marks the final stages of its debt restructuring and reduction plans.
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Asia’s syndicated loan market expanded in the third quarter, according to data from Dealogic, outpacing the rest of the world where new loan volumes continued to shrink.
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Indonesian mining contractor Bukit Makmur Mandiri Utama (Buma) is expected to put together a group of six lead banks for its $200m-$250m loan by early next week after a handful of lenders joined the deal.
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Aquasure, the consortium behind Australia’s biggest desalination project, has received several commitments on its A$3.67bn project loan, with a few more lenders seeking credit approval.
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Indonesian mining contractor Bukit Makmur Mandiri Utama (Buma) is expected to put together a group of six lead banks for its $200m to $250m loan by early next week after a handful of lenders joined the deal.
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Jaguar Land Rover has secured a loan of £175m from State Bank of India and anticipates another £340m loan from the European Investment Bank to be confirmed soon.