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Indian company TVS Logistics Services has approached the international loan market for a $153m-equivalent financing, with participants invited to commit in dollars and sterling. -
The Russian loan market is moving towards more unsecured deals with Russian paper company Ilim signing the fourth unsecured deal this year, for $500m.
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A $400m loan for Bharat Petroleum Corp’s (BPCL) offshore unit was allocated last week, attracting commitments from three Indian banks during the two months it was open to participants.
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Political calls for the bank capital system to favour green assets are intensifying. GlobalCapital has learnt that Peter Simon, the German MEP running the European Parliament’s work on a big package of banking legislation, is backing the idea.
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Turkish banks Garanti and Finansbank have signed their last refinancing loans of the year, for $1.36bn and $780.05m, respectively.
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Kingboard Chemical Holdings took out HK$5.5bn ($704.4m) from the syndicated loan market this week, after bringing in nine banks as bookrunners on top of the two original lead banks.
