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Investment Grade Loans

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  • Malaysia Airports Holdings is looking to revise covenants on a €500m loan from 2015 taken for the acquisition of Istanbul Sabiha Gökçen (ISG) International Airport.
  • South Korean carmaker Kia Motors has sent a request for proposals for a $648m financing to back the construction of a manufacturing facility in India, its first in the country. The loan is receiving plenty of attention from lenders looking to capitalise on opportunities in the south Asian country. Shruti Chaturvedi reports.
  • Lyndon Hsu, the former Asia Pacific leveraged and acquisition finance head at HSBC, is heading to Standard Chartered to lead its levfin business.
  • Kia Motors has approached lenders for a financing to support the construction of a production plant in India that was announced late last month.
  • ANZ has named Gavin Chappell as the head of loan syndications for Australia, poaching him from Westpac.
  • Chinese banks are set to take up a bigger market share when it comes to financing M&A in 2017, building on their dominant presence in the Asian loan market last year. The stage is set for more collaboration between Mainland and international banks, according to panellists speaking at a leveraged and acquisition finance conference in Hong Kong on Wednesday. Shruti Chaturvedi reports.