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Dubai Aerospace Enterprise (DAE) Capital has financed an Airbus A320-200 aircraft for Saudi Arabian Airlines’ low-cost carrier ‘flyadeal’ with a loan from Bank ABC.
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Two new Russian commodity deals are in the market, following a flurry of pre-export finance (PXF) facilities earlier in the year. Unsecured formats are proving more popular, while even PXFs are less secure than they used to be.
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South Africa’s FirstRand Bank has successfully completed its Asian-bank focused syndication for $540m, an increase from its launch amount of $250m.
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Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, has allocated its $250m loan. The deal is scheduled to sign next week.
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The four mandated lead arrangers and bookrunners (MLABs) of a $250m Taiwan-targetted loan for Yes Bank brought in 13 banks during general syndication, said sources close to the trade.
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Allotments are out for a HK$7.137bn ($914.7m) loan that to support private equity firm I Squared Capital’s acquisition of Hutchison Global Communications (HGC).