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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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The Ranger’s favourite expression — “The rules are, there ain’t no rules” — was thoroughly quashed last week by a load of bankers who love rules.
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India’s Power Finance Corp, which sent out a request for proposal for a $360m-equivalent yen loan in September, has chosen one bank as mandated lead arranger and bookrunner.
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Chinese company Minsheng Financial Leasing has cut the size of its onshore loan to $150m, a move that has seen it reduce the tenor and save on pricing with its revamped deal.
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The message from market participants at the Euromoney/GlobalCapital Corporate Summit in Paris on Monday was clear: private placement investors need to go global.
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Royal Ten Cate, Median Kliniken — Hapag-LLoyd — Rheinmetall — Hammerson — Odfjell
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Bunzl, the unrated, FTSE 100-listed distribution and outsourcing company, has issued a $600m US private placement.