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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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Abu Dhabi’s National Petroleum Construction Co has closed a Dh2.2bn ($599m) eight year syndicated loan that includes an Islamic finance component. -
Saudi Arabian Oil Company, otherwise known as Aramco, is in talks with banks as it seeks to replace an undrawn $4bn revolving credit facility with a much bigger $10bn financing.
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Quanta Computer's subsidiary, Quanta International, has picked a group of 19 banks to supply funds for its $700m self arranged loan.
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India’s state-owned Power Finance Corp (PFC) is understood to have mandated Bank of Tokyo Mitsubishi UFJ, Mizuho and State Bank of India for its latest fundraising of $450m. The same three banks led PFC’s last loan, which was allocated in September.
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RCA01, owned by Spring Real Estate Investment Trust (Spring Reit), has wound up its $500m refinancing, attracting 13 banks in general syndication.
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Abu Dhabi’s National Petroleum Construction Co has closed a Dh2.2bn ($599m) eight year syndicated loan that includes an Islamic finance component.
