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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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Belgian real estate investment company Cofinimmo has added two banks to the syndicate for a refinancing facility it signed on Thursday. -
Korea’s Asiana Airlines has swooped into the syndicated loan market for a $150m deal, picking two banks to run it.
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The Ranger went on the hunt for meditating bankers and found that each in the market has their own definition of inner peace.
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Chinese technology giant Tencent Holdings is due to hit the syndicated loan market for a fundraising of as much as $1.25bn.
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A $500m five year loan for Stats ChipPac, which launched in mid September, has received commitments from three banks, according to sources familiar with the deal.
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The steady flow of refinancing deals witnessed in the first half of 2015 has slowed to a trickle, but refinancing opportunities may continue from crossover names.
