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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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Bank of America Merrill Lynch has rejigged its debt capital markets team in Asia Pacific, creating a new debt solutions unit. -
CP Pokphand, the investment arm of Thai firm Charoen Pokphand Group, has sealed a $600m borrowing to repay a loan raised in 2012.
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Fortum, the Finnish renewable energy firm, has signed a €1.75bn five year multi-currency revolving credit facility to refinance the deal it signed in July 2011.
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State Bank of India has allocated its latest $500m borrowing, finding demand from eight new lenders during syndication.
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China Minsheng Bank has added a new member to its loan syndications team in Hong Kong.
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Chinese taxi hailing service Didi Chuxing has raised an impressive $7.3bn from equity and debt investors, including $2.5bn through a syndicated loan.
