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New methodology follows headroom created by S&P revision last year
Banks ready to do deals but wiser to wait
Hydrocarbons, power and infrastructure bulked large last year
Senior loans banker leaves Deutsche after 14 years
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Loan bankers are impressed how busy this August is shaping up to be for deals in EMEA emerging markets. -
Another one of Turkey’s smaller banks, Şekerbank, has signed a €77.5m loan with margins in line with its peers.
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Dubai’s state-owned energy group Emirates National Oil Co (Enoc) has secured a $500m revolving credit facility from a club of seven banks to fund its growth plans for Dubai's coming Expo 2020.
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Gajah Tunggal, an Indonesian tyre maker, has tapped the syndicated loan market for a dual-currency $250m facility.
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A veteran loan syndications banker at Citi in India is understood to have quit to take up a bigger role in Standard Chartered.
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Vakifbank has launched its second round of refinancing with its pricing 10bp lower than its $967m facility in April, mirroring Akbank’s new loan margins.
