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Dubai’s Emirates Airlines is syndicating a 12 year loan, less than six months after wooing bond investors to print a sukuk inside fair value. -
Iron ore firm Ferrexpo has more than doubled the size of its revolving pre export finance facility to $400m and has extended the maturity by an extra year, but lenders say Ukraine’s loan market remains only partially open.
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BOC Aviation, the aircraft leasing group under Bank of China, has launched a $500m five year borrowing into general syndication, with a group of ten banks at the helm.
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The UK’s Petrofac has turned to bilateral financing to reduce its reliance on its existing revolving credit facility, with three banks providing the oil and gas services company with separate credit lines.
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The Middle East loans market will end the year on a high, with a swathe of borrowers looking to raise funds following the Eid celebrations, according to multiple bankers in the region.
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Singaporean commodity company Louis Dreyfus Asia has boosted its three year revolver to $600m after attracting 20 participants during syndication.
