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South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is tapping the offshore market for a $100m term loan. -
US private placement (US PP) investors hailing from the United States are ramping up competition for sterling PP deals, as swap costs dwindle and key comparables in US markets tempt those buyers across the pond. Silas Brown reports.
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Oil companies Saudi Aramco and Total signed an engineering and design contract on Monday to build a $9bn petrochemical complex on Saudi Arabia’s east coast.
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Yuexiu Real Estate Investment Trust, a subsidiary of Yuexiu Property Co, is tapping the offshore market for a HK$2.8bn ($357m) loan.
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London-listed Starwood European Real Estate Finance has added two years to the maturity of its sterling revolving credit facility, as Western European loans bankers get settled in for months of amend and extend exercises running up to year end.
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Newlon Housing Trust, a north and east London housing association rated A3 by Moody's, has returned to the US private placement market, raising £135m.
