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Chinese real estate company Country Garden has closed its $1.1bn-equivalent syndicated loan. -
Chinese sportswear manufacturer Xtep International Holdings has returned to the loan market for a HK$1.6bn ($204m) refinancing deal that is open only to existing lenders.
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Chinese delivery services company SF Express is seeking a HK$5bn ($640m) syndicated loan to refinance a bridge facility used to support its acquisition of Deutsche Post DHL’s supply chain business in the Mainland.
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As Turkish bank borrowers prepare to refinance existing debt, a plethora of domestic and geopolitical troubles has once again brought pricing into question. Though secondary market spreads remain tight, bankers say primary issuance could widen.
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Polish convenience store operator Żabka Polska is expected to close its dividend recap imminently, according to market participants. Bankers have compared the deal to the dividend recap transaction that Polish e-commerce platform Allegro completed in May.
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India’s Oil and Natural Gas Corp has launched a $500m loan into general syndication to pay back a bond maturing this year.
