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Investment Grade Loans

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  • John Menzies, the Scottish aviation and distribution company, was set to launch syndication of around $417m of loans this week, a banker close to the deal told GlobalCapital on Tuesday.
  • Banco CorpBanca Colombia is holding a roadshow in Taiwan alongside the US for a $200m two year syndicated loan.
  • Details have emerged on a $900m triple-tranche borrowing for Mercuria Asia Group Holdings and Mercuria Energy Trading, which has launched into syndication.
  • India’s Yes Bank has increased its latest loan to $130m from $100m. It tapped liquidity from Taiwanese lenders for the five year deal, which is the longest tenor it has sought from the syndication market.
  • Though the Ranger is a native of the wild west, last week we were deep in conversation with a banker about the horrors of the deep blue — as links between the loan market and the treacherous seas came to mind.
  • Mercuria Asia Group Holdings and Mercuria Energy Trading are gauging interest from lenders for a joint loan of $900m, according to bankers.