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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. -
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.
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The Central Bank of Russia (CBR) is planning new rules from the start of July that will ramp up the risk weighting on foreign currency loans, which is expected to lead to a tumble in non-ruble lending in the country at a time when international banks are steering clear. Mike Turner reports.
