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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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Bank of Tokyo-Mitsubishi UFJ has promoted George Yuen to first vice president and head of loan syndications for north-east Asia, as the bank expands its focus on mainland China.
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State-backed Bank Ekspor Indonesia (BEI) and crude palm oil producer Astra Agro Lestari each signed syndicated loans last week, as the international loan market continued to warm to Indonesian credits.
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Saudi Aramco and Total have sent banks requests for proposals for the Jubail project financing in Saudi Arabia.
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Calyon has underwritten a $1bn loan for Angola’s Sonangol, the first big underwrite to emerge from Africa this year. Senior syndication has just finished and a retail phase will launch soon, possibly as early as next week.
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Golden Star Resources, a gold miner operating in Ghana, has launched its first syndicated loan. Standard Chartered has underwritten the three year $30m deal.