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Saudi retailer Fawaz Abdulaziz Alhokair & Co has signed an Islamic loan for $300m-equivalent, marking one of the few Shariah-compliant deals to be completed during Ramadan. -
CCB International, a subsidiary of China Construction Bank Corp, has returned to the offshore loan market after a three-year absence for a $500m deal.
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Cambodia’s Prasac Microfinance Institution has decided to increase the size of its loan to $100m after receiving commitments from 14 lenders to the oversubscribed deal, according to a banker close to the situation.
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India’s Tata Motors is seeking an up to $250m loan to buy back bonds that are due in 2020.
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Monica Chang, head of loan syndication at ANZ in Taiwan, has left the bank, according to sources.
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Chinese optical fibre developer Hengtong Group has hit the international loan market for the first time for a $100m fundraising.
