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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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Indonesia’s largest wireless telecom company Telekomunikasi Selular is raising a $150m loan for capital expenditure purposes.
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A consortium of two Japanese banks and one Indian lender has funded a $400m loan to India’s Rural Electrification Corp on March 12.
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Publicis, the French advertising firm, has confirmed its completion of a $1.6bn five year loan that partially funds its acquisition of American Sapient Corp.
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Indonesia Eximbank has zeroed in on seven banks to lead its latest $750m dual trancher. The lenders are targeting March 16 to launch the transaction into general syndication.
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Huawei Technologies has approached banks for a borrowing of between $1bn-$2bn, according to bankers.
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Property company Greenland Hong Kong, which began sounding out lenders for a fundraising back in January, is seeking a $330m three year bullet with Deutsche Bank in the lead.