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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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Hong Kong carrier Cathay Pacific Airways has landed in the international loan market for a $350m three year borrowing. -
State-owned Abu Dhabi National Oil Co. (Adnoc) launched a $6bn debut syndicated loan this week after increasing the credit’s size and tightening pricing in response to banks’ hunger for it.
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State-owned Abu Dhabi National Oil Co (Adnoc) has kicked off the syndication of its first syndicated loan for $6bn, after increasing its size and tightening pricing further in response to high demand for the facility.
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Global Education Management Systems (GEMS) Education of Dubai is to launch a $1.2bn syndicated loan, ahead of its planned initial public offering early next year.
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Hong Kong-listed China Tian Lun Gas Holdings has enlisted two lenders to arrange a HK$1.25bn ($160m) five year loan, invitations for which were sent out this week.
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Reliance Industries’ telecommunication arm Reliance Jio Infocomm is in talks with banks to refinance a two-tranche loan raised in late 2014.
