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New facility smaller than the original but 20% larger than the launch amount
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
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Gunvor Singapore is set to make a comeback for its annual refinancing, this time sounding out its relationship banks for a $800m transaction. -
India’s Rural Electrification Corp has extended the deadline for its latest request for proposals for a $200m syndicated facility by a week to next Monday.
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Minsheng Financial Leasing has closed its latest syndication on a high note, with the loan increased to $335m as banks gobbled up the deal.
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Maikun Investment Co, part of Beijing Automotive Group (BAIC), has switched the currency on its $290m financing to euros midway through syndication.
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Ecom, the Swiss commodities trader, has sealed a $500m one year revolver after banks piled in, helping it raise $100m more than planned.
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CMB Financial Leasing is in the market for a $350m bullet that launched via three leads on Thursday, according to a banker arranging the deal.
