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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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Nine banks have banded together to arrange a $750m dual tranche facility for Bank Negara Indonesia (BNI).
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Political uncertainty and a tough economic outlook across the EMEA region will leave companies no choice but to operate with caution in 2017, focusing on balance sheet repair rather than expansion, rating agency Fitch said in a report on Tuesday.
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A former managing director at Deutsche Bank has joined Houlihan Lokey in newly established position leading the expansion of its European capital markets group.
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Indian Oil Corp, which sent out a request for proposals at the beginning of November for a five year borrowing to refinance a $300m bridge loan, has mandated one bank for the deal.
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Two banks are understood to be working on a financing to support Tata AutoComp Systems’ acquisition of an engine cooling supplier.
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In light of the LMA’s 20th anniversary, the Ranger would like to say that no matter how times change and irrespective of any fancy products challenging the norm, the loan will always be dear to us.