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Eighteen year facility backed by EIFO comes as interest in energy infrastructure mounts
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
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A special purpose vehicle created to build an upcoming hotel at marine themed amusement park Ocean Park in Hong Kong, is forming a club of banks to lend money for the construction.
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Real estate investment trust Shaftesbury has added to the recent run of UK property firms returning to the loan market, by arranging a £130m deal.
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A €500m ($579m) seven year loan by Malaysia Airports Holdings has seen a stellar response, allowing a pricing cut even after launch of general syndication. The strong support in the retail phase, despite the price cut, shows that for the right credit and structure, Asian lenders are ready to take flexibility.
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Two borrowers have added to this year's growing volume of Schuldschein deals, with Ubisoft Entertainment placing an issue and Amer Sports seeking commitments.
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Indonesia Eximbank launched its $750m dual trancher into general syndication on March 16, with seven mandated lead arrangers and bookrunners.
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Hong Kong listed company Samson Paper, has wrapped up its 3.5 year fundraising at HK$728m ($93.74m), higher than its launch size of HK$500m.