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Nasdaq-listed Chinese tech firm JD.com will wrap up its first international syndicated loan at $1bn, double the launch size, said bankers close to the situation. -
Turk Telekomunikasyon (Turk Telekom), the telecommunications company headquartered in Ankara, signed a $100m four year term loan on Monday. Turkish markets have calmed after the country's president Recep Tayyip Erdogan’s clarified statements he made on Sunday about Turkish companies investing abroad.
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Dongxing Securities (HK) Financial Holdings has found success with its maiden loan outing, managing to raise the size of the deal to $400m from $300m.
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A $575m loan for Twin Star Mauritius, a subsidiary of mining company Vedanta Resources, has attracted two commitments since its launch into general syndication in September. But the deal remains open to participants with a few more lenders expected to chip in, said two bankers close to the matter.
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A two-part loan for Singaporean private equity firm Capital Square Partners’ acquisition of business process outsourcing company Aegis has entered into general syndication.
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CPF Investment, a unit of Thai firm Charoen Pokphand Foods (CPF), has approached the syndicated loan market for a $625m borrowing.
