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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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Standard Chartered is understood to have dismantled its Hong Kong-based project finance team that focused on Greater China, making the division the latest to fall prey to the bank’s restructuring.
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Chinese technology firm Tencent Holdings has opened its $1.25bn loan into limited syndication with tight pricing on offer.
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The European loan market has seen a glut of loans for real estate companies this week, with deals coming from France, Belgium, Ireland and the UK.
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Anheuser-Busch InBev, the Belgian-Brazilian brewer, chose 21 banks to act as mandated lead arrangers for a $75bn mega loan — the largest ever corporate loan — but the firm coordinated all the banks itself in the unique acquisition financing.
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Anheuser-Busch InBev, the Belgian-Brazilian brewer, mandated a group of 21 banks to provide its $75bn loan facility, but there was no coordinator as AB InBev took an active role in arranging the transaction.
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Iris World Enterprises, an affiliate of Taiwan's Foxconn Technology Group, has picked three banks for its $300m borrowing.