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Hydrocarbons, power and infrastructure bulked large last year
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Intesa is expecting to close its €5.2bn syndicated loan deal to finance Qatar Investment Authority and Glencore’s acquisition of a 19.5% stake in Rosneft by mid-September after much delay. -
Cathay United Bank has invited lenders for meetings in Laos during the first week of September, as it prepares to launch three different loans from the country.
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Infrastructure Leasing & Financial Services (IL&FS), which successfully tapped the fledgling Masala loan market for a Rp3.4bn ($53m) deal last year, has returned to the offshore market. But this time around, it opted for a dollar deal.
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Indian lender IndusInd Bank has closed syndication for a $300m three year loan, with allocations likely to be out early next week.
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Cairn India Holdings, which signed up new lenders for a $651m borrowing in late July, has received commitments from two more banks.
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Russian potash company Uralkali signed a $850m pre-export finance facility with 11 banks on Wednesday, showing that investor appetite for the country remains strong despite the US enforcing more sanctions.
