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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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Arrangers are set to close the books on Qatar Telecom’s forward start on Friday, after the deal proved to be a runaway success in general syndication despite a five month delay in coming to market. The borrower has raised over $3bn in commitments, but will be taking no more than its $2bn target, allowing for hefty scalebacks.
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Amcor, the Australian packaging firm, completed the institutional portion of a A$1.6bn entitlement offer on Wednesday that partially funds its acquisition of packaging business assets from Rio Tinto. The group has also secured a loan to back the purchase. Read on for details of the financing.
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Indian Railways Finance Corp, which abandoned plans for a syndicated loan just four months ago because it was too expensive, has picked six banks to lead a $350m five year loan in a clear sign that the cost of credit is falling fast.
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Indian Railways Finance Corp, which abandoned plans for a syndicated loan just four months ago because it was too expensive, has picked six banks to lead a $350m five year loan in a clear sign that the cost of credit is falling fast.
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Hong Kong Air Cargo Terminals (HACTL) has invited banks to join a syndicated loan that will set a new pricing floor for Hong Kong borrowers, ignoring complaints from lenders that margins have already fallen too far.
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Dutch commodities trader Trafigura launched a $505m one year loan on Monday through eight bookrunners in the first launch in the Asian market in two weeks.