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Loan will fund the investment company's purchases of non-oil and gas assets
The facility is being used to drive Saudi investment in industries away from petrochemicals
Bankers uncertain whether trades that didn't cross the line in 2024 will proceed
Company has doubled its relationship banks
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Indian software services provider Coforge, previously known as NIIT Technologies, is seeking a loan to fund a dividend recapitalisation, joining a growing list of companies raising debt to pay a special dividend to shareholders.
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ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.
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The recent round of M&A and leveraged buyout financing provided by Chinese banks shows their growing ambition in the more complicated and riskier part of Asia’s loan market.
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Chinese online human resources service provider 51job has raised a $1.825bn term loan from two banks to support its take-private.
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A consortium led by Billion Development and Project Management, a Hong Kong-based property developer, is in talks with banks for a bridge loan to support its acquisition and reconstruction of an exhibition centre in the city.
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HSBC Asset Management has hired an emerging markets debt portfolio manager from APG Asset Management.