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A HK$5.29bn ($682m) green loan to support the acquisition of Hong Kong-based building Cityplaza One by a Gaw Capital Partners-led consortium has been launched into general syndication.
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African Export-Import Bank, the multilateral bank headquartered in Cairo, has provided a term loan to OCP Group, a Moroccan phosphate miner and fertiliser producer.
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MUFG has for the first time chosen a single leader for its banking and securities divisions in EMEA. John Winter will take the post from April 1, meaning that the most senior executive in EMEA will be non-Japanese for the first time.
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Indonesian garment company Pan Brothers has been downgraded by Fitch Ratings for the third time this year owing to defaults on a dollar loan.
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Law firm Linklaters has added two new partners to its Hong Kong office to strengthen its business in private equity and leveraged finance investments.
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Chinese textile company Victory City International Holdings’ financial predicament has taken a turn for the worse as it revealed previously undisclosed outstanding debt at its subsidiaries this week.