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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
German promissory notes come into their own in times of stress
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Commodity trader Gunvor increased its European revolving credit facility by around 50% to meet oversubscribed commitments, having also grown its $725m working capital loan after strong demand. -
Bank of Baroda has rolled out its $300m three year into general syndication with the help of four leads. Pricing is close to what State Bank of India, the country’s largest lender, paid for its last three year facility.
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Hong Kong Broadband Network has wrapped up its latest syndicated loan, with 22 participants joining the four mandated lead arrangers and bookrunners.
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A former executive director at Goldman Sachs, with over 20 years' experience in the loan market, has become the head of corporate finance at Doha Bank in Qatar.
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Diesel engine maker Weichai Power has approached the loan market for a €310m ($334m) five year borrowing via ANZ.
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The European subsidiary of US commodity trader Louis Dreyfus is refinancing a $800m dual tranche credit facility after increasing its Asian credit facility earlier in the year.
