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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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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.
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Ireland’s CDB Aviation has signed a $700m secured portfolio financing facility from eight banks, as the company looks to diversify its funding sources.
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GlobalCapital understands UK utility company Scottish and Southern Electric (SSE) is roadshowing in the US private placement (US PP) market for £400m ($528m) equivalent offer across dollars and sterling.
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Saudi Aramco and oil major Total on Monday signed an engineering and design contract to build a $9bn petrochemical complex on Saudi Arabia’s east coast.