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Singaporean agricultural company Olam International has raised a three year sustainability-linked $500m revolving club loan, the first of its kind in Asia.
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Turkish participation banks Albaraka Türk and Vakif Katilim have kicked off the global syndication of two murabaha facilities.
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Lao Feng Xiang Jewellery Hong Kong has allocated its $200m debut loan among eight banks, with sole bookrunner ANZ keeping most of the facility on its books, according to sources.
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Kuwait’s Burgan Bank has signed a $350m loan with a club of seven relationship banks to refinance borrowing done in 2015.
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Beijing Jingneng Clean Energy has launched a $220m green loan into syndication, the first of its kind for the company.
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Asia’s loan market has seen big shifts over the past three decades, with regional banks competing head-on with international lenders and the institutional market gathering pace. But some key ingredients are still missing, writes Rashmi Kumar.