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In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Market stress so far confined to consumer credit and SMEs across region
Tighter margin loan a 'sign of things to come' for infrastructure lending
Helaba promoted from MLA to bookrunner while RBC sits out
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Japan’s Takeda Pharmaceutical Co has signed $8.8bn-equivalent of loans as it continues to build up its cash pile to finance the $62bn acquisition of Ireland’s Shire.
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A funding official at KfW has switched to the corporate sector.
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France’s AccorHotels has bought its Paris head office for €363m, drawing on a new green loan to finance the acquisition.
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State Bank of India has mandated seven banks for a $500m offshore borrowing, returning to the market just two months after closing its last facility.
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China Merchants Loscam has closed a $302m dual-currency club loan, making a comeback to the offshore market after a five-year absence.
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Philippines’ Metrobank Card Corp is tapping the syndicated loan market for a $100m borrowing.