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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
German promissory notes come into their own in times of stress
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GlobalCapital Asia has spent the last two months talking to banks and their clients in a bid to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2018. We are pleased to begin our awards announcements in the loan market.
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European borrowers that flit between public and private debt have been choosing the Schuldschein market because of its comparatively tight pricing in the last few months but this week Freenet, the German telcoms firm, sweetened the terms it was offering investors.
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Tritax Big Box, the London listed industrial real estate investment trust, has sold £400m worth of 10 and 12 year US private placement notes, during the Brexit whirlwind that caused sterling bond markets to falter.
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State Bank of India’s $500m loan is now in limited syndication after the senior lenders were mandated in October.
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ICBC International Holdings, a wholly-owned Hong Kong subsidiary of Industrial and Commercial Bank of China, is about to close a dual-tranche borrowing of between $100m and $200m.
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Grand Baoxin Auto Group took $358m from the syndicated loan market after launching its latest deal at $200m in September.