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India’s Power Finance Corp is raising a loan with a fixed rate as it looks to move away from Libor, but its decision has received lukewarm response from lenders concerned about the lack of precedents. -
The Thai subsidiary of Taiwan’s Chailease International Finance Corp has returned to the loan market.
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CDB Aviation, an Ireland-based subsidiary of China Development Bank Financial Leasing Co, has raised a $660m portfolio financing from banks.
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Delta Fiber, a Dutch fibre optics company, has secured a credit line of up to €2bn, it announced on Monday. The loan carries a tenor of seven years.
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The Bankers Investment Trust, a London-listed investment trust which traces its origins back to 1888, has sold a £74.5m-equivalent private placement. While there are slim pickings for PP investors looking to lend to financial institutions in Europe, investment trusts have provided a steady stream of opportunities.
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Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.
