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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
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Grand Baoxin Auto Group has sealed its latest fundraising from the syndicated loan market at $763.4m, higher than the $590m-equivalent launch size.
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Dubai Airports has signed a $3bn syndicated loan to finance the expansion of its Dubai International Airport and Dubai World Central Airport, also known as Al Maktoum International Airport, in Jebel Ali, in preparation for the World Expo 2020.
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Turkey’s largest private sector bank, Türkiye İş Bankası, is due to sign a syndicated loan on Monday, which rounds up the last of Turkey’s larger financial institutions’ refinancings this spring, according to a banker on the deal.
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An up to $1bn facility for the Sri Lankan sovereign has hit general syndication, about three months after the borrower mandated six banks for the deal.
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Agrokor, the troubled Croatian food conglomerate, has posted a breakdown of its debt, three days after Standard & Poor's downgraded it from CC to selective default.
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Agrokor, the debt-ridden Croatian food conglomerate, has posted a breakdown of its debt, three days after Standard & Poor's downgraded it from CC to Selective Default.