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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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Invitations are out for a $200m-equivalent borrowing by Yue Xiu Enterprises (Holdings), a company owned by the Guangzhou government.
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The council of Stockholm County, Stockholms läns landsting (SLL), signed the first ever green revolving credit facility on Friday, adding to the pair of green bonds it previously issued.
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Finnish Stainless steel producer Outokumpu reduced the size of its revolving credit facility and pushed out maturities on other existing loan agreements as part of a wider deleveraging effort.
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State Bank of India’s $500m loan has been allocated among 14 lenders, with signing scheduled for this week.
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Syndication for a $145m loan backing the Blackstone Group’s acquisition of business process outsourcing assets in India is close to winding up.
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Fubon Financial owned Dafu Media is raising an NT$59bn ($1.86bn) seven year loan, primarily to refinance existing debt and partly for operating costs.