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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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China’s Huaneng Group has signed a $3.2bn loan that will refinance a S$2.25bn ($1.54bn) loan that it used to acquire Singapore’s Tuas Power this year.
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Indian Railways Finance Corp signed its $450m loan last Friday after abandoning plans for a syndicated loan just five months ago because it was too expensive, proving that the cost of credit is falling fast.
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Hong Kong Air Cargo Terminals (HACTL) signed a HK$800m loan on Monday that set a new pricing floor for Hong Kong borrowers, in a sign that falling margins are no deterrent to the region’s lending banks.
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Australia’s Primary Health Care launched its A$1bn loan into general syndication last Friday after five banks joined in the first stage of marketing.