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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 Resources Cement increased the size of its loan to HK$1.234bn on Monday through sole bookrunner Mizuho.
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Hang Seng Bank, Citic Ka Wah and Industrial Bank of Taiwan have joined the loan for Hong Kong’s Comba Telecom Systems Holdings increasing the facility by $15m to $100m.
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Fortune Real Estate Investment Trust has received three verbal commitments so far for its HK$3.1bn loan arranged by DBS and Standard Chartered.
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Hong Kong’s GP Batteries is asking bankers to commit to a S$60m three year loan in a last-ditch attempt to avoid a default when its existing debt matures next month.
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Indonesian state-owned gas firm Perusahaan Gas Negara (PGN) launched a $275m loan last Friday at a much lower margin than expected, becoming the latest Asian borrower to benefit from falling pricing in the syndicated loan market.