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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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Inner Mongolia-based China Shengmu Organic Milk is testing appetite in the syndicated loan market for a $120m three year facility and is offering banks an attractive yield of more than 300bp.
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UK construction company Balfour Beatty has nearly halved the size of its revolving credit facility in a £400m refinancing deal.
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Standard Chartered's European head of loans is leaving the bank.
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India’s Dewan Housing Finance held a non-deal roadshow in Taipei on December 9 just a few weeks after sealing an offshore dollar loan.
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India’s Reliance Industries has selected a group of 13 lenders for a $1bn loan that will refinance a borrowing raised in 2010.
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Air Liquide and Saipem loans show that bankers and borrowers are not yet slowing down as they seek to tie up remaining bumper deals they launched in a busy fourth quarter.