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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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ChemChina is in the early bird stage of syndication for its KraussMaffei acquisition loan and is targeting relationship banks, according to a banker familiar with the deal. Commitments are due around the end of the month.
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Société Générale has appointed a new head of EMEA loan syndicate, after promoting the former head to a senior job in risk management across the corporate and investment bank.
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As Chinese companies go on an M&A shopping trip in Europe in 2016, the European loan market will benefit from the China’s spending spree.
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Newly formed building materials giant LafargeHolcim has completed its post-merger loan refinancing but, after a fracas last year, some uncertainty remains about the potential for negative interest payments.
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Grand Capital International, a subsidiary of SinoPac Financial Holdings, is tapping dollar liquidity in Taiwan for a $220m three year loan.
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Chemical tanker firm Ardmore has issued a bullish outlook for the tanker sector after agreeing a streamlined loan refinancing package. This will come as good news for loans bankers in the Nordic region, who are hoping event-driven deals will start to take the place of refis after a disappointing 2015.