Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
China Construction Bank International (Holdings) is in the market for a $100m three year loan with one mandated lead arranger and bookrunner. -
Kumho Asiana Plaza Saigon has launched a $125m loan into general syndication with two mandated lead arrangers and bookrunners. The fundraising is offering plenty of security to lenders. It comes backed by two guarantors and a security against the rental proceeds of the commercial complex.
-
Battersea Power Station closed a £1.35bn syndicated debt facility this week, which contained one of the largest ever sterling denominated Islamic tranches. UK based Islamic bankers felt the deal was strong demonstration of how international Islamic finance had become. Although debt bankers on the transaction argued it said more about Malaysia’s desire to promote Islamic finance.
-
The plans of three Russian borrowers to obtain international loans took shape this week,. Bankers said Promsvyazbank could achieve as much as $200m in one year financing from lenders, while talks with Otkritie Financial Corp Bank (formerly Nomos Bank) and Acron continue to progress.
-
Loans bankers’ predictions of a rush of Nigerian loans before the end of the year began to take shape this week, with Fidelity Bank looking for a two year loan and First City Monument Bank saying it had signed a deal with several tranches and lenders.
-
Standard Chartered has lost another senior banker from its loan syndications team in London, according to well placed sources.
