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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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Norwegian seafood company Marine Harvest has refinanced its credit lines with a €425m senior secured five year revolving credit facility that might be used for mergers and acquisitions, according to Ivan Vindheim, chief financial officer. -
Mobile phone company Xiaomi HK is back in the market for its second attempt at a syndication, this time for a jumbo financing of $1bn via two tranches.
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Paper and packaging company Mondi has signed a deal to extend the maturity of a €750m revolving credit facility from 2016 to 2019.
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Romeet Shankardass has left his role as a director in the loan syndication group at Citi to take up a new position at HSBC.
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The $205m loan for Khopoli Investments, a subsidiary of Tata Power, has received commitments from two more banks, according to a banker.
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India’s state-owned Power Finance Corp launched its $250m five year loan into general syndication on July 11, offering three levels of participation.
