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Emerging Market Loans

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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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  • A loan backing the takeover of parts of mobile telecoms firm Zain could still emerge after Etisalat, the Abu Dhabi-based company, was reported on Tuesday to be considering buying a 51% stake in its Kuwaiti rival a day after France’s Vivendi pulled out of discussions.
  • Taiwan's cash-rich banks are once again the darlings of Asia's syndicated loan market, but can the easy money last?
  • HCL Technologies, the Indian software and outsourcing company, approached banks last week as it looks to refinance a £400m acquisition loan, adding to only a handful of international loans completed by Indian borrowers since the start of this year.
  • BassWater and AquaSure, the two rival consortia looking to construct and operate Wonthaggi Plant, Australia’s largest desalination plant, submitted their final bids on Monday for a deal that bankers warned will test the limits of the Australian loan market.
  • Minmetals Capitals and Securities, a subsidiary of China National Metals and Minerals Import and Export Corp (Minmetals), signed its $200m three year loan on Monday morning with a club of six banks.
  • Minmetals Capitals and Securities, a subsidiary of China National Metals and Minerals Import and Export Corp (Minmetals), signed its $200m three year loan on Monday morning with a club of six banks.