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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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As two senior Loan Market Association members leave the loan market, one will relinquish his role at the LMA while the other will stay on.
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A $300m three year loan for Development Bank of the Philippines (DBP) has gone into general syndication via three mandated lead arrangers and bookrunners.
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Four banks have rolled out a S$1.75bn ($1.22bn) five year financing for a subsidiary of Singapore’s Universal Terminal.
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Aurora Shipping has signed a €200m credit facility with two lenders to finance four new-build vessels.
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The former head of Asia Pacific loan markets at Royal Bank of Scotland is expected to join Maybank next week, according to two sources.
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Italian energy company Enel has signed a financing agreement with Bank of China, which will exchange a $1bn credit line for Chinese access to Enel's future projects.