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The Middle East has driven emerging market loan volumes this year, but Gulf bankers say there are signs that parts of the region are already shutting up shop for the year. -
Sri Lanka’s Nations Trust Bank (NTB) has raised a $50m five year loan arranged by Dutch development bank FMO.
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Russia’s Ural Mining and Metallurgical Company (UMMC) has signed its debut syndicated loan, as lenders remain resolute that sanctions have not made the country a no-go zone.
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Asia Pacific Resources International Group, a pulp and paper producer also known as April, is self-arranging an up to $1bn offshore loan.
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Dubai Aerospace Enterprise (DAE) has used the accordion feature of its dollar revolving credit facility in full, with the leasing company bringing in eight more banks to max out the size to $800m.
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Taipei Fubon Bank has hired Sean Liu, a former ANZ loans banker, to its Singapore office.
