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Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
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Ooredoo, formerly known as Qatar Telecom, is wrapping up a $500m Shariah-compliant five year revolving credit facility, say bankers involved in the deal.
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Alok Industries’ $475m export performance bank guarantee-backed loan has netted another chunky commitment from a European lender.
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Chinese department store operator Golden Eagle International Trading has launched a $500m three year bullet into general syndication. Eight mandated lead arrangers and bookrunners are on the deal.
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Seven banks have prefunded a NT$32bn ($1.02bn) seven year loan to help Taiwan Broadband Communications refinance existing debt.
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Cititower, a joint venture construction project between Malaysian KLCC Group and Qatari-owned QD Asia Pacific, has signed a 20 year RM3.2bn ($862.4m) Islamic loan
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Ooredoo, formerly known as Qatar Telecom, is wrapping up a $500m Shariah-compliant five year revolving credit facility, say bankers involved in the deal.