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Harmony Gold, a South African gold mining company, is in the market to raise $400m to refinance existing debt. The deal is being led by domestic lenders Absa Bank and Nedbank, according to bankers.
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HSBC China has appointed Zuocheng Ding as head of loan origination, according to a source close to the situation.
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Hong Kong’s Citychamp Watch & Jewellery Group has closed a $150m term loan with five lenders.
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Oman-based Octal, a leading producer of plastic packaging, has raised loans to the value of $625m from a range of local and international lenders
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Public Investment Fund (PIF), Saudi's sovereign wealth fund, is expected to close its second ever debt offering in September, according to bankers close to the deal. Some say the bridge loan, which is a reprieve to EM bankers that have been operating in a barren market all year, may receive tighter margins than PIF's competitively-priced debut loan in September 2018.
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Credit Suisse has hired Ivan Lee as a vice-president in the syndication and distribution team, according to a source close to the move.