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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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The Asian arm of Louis Dreyfus Commodities has opened up a $300m three year revolver into syndication, with utilisation fees also up for grabs. But as banks expect very little of the credit line actually to be used, they will be unlikely to benefit from the additional fees.
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BFI Finance Indonesia, which launched its fundraising in mid-April, has wrapped up syndication at a larger size of $100m, thanks to demand from the market. Garuda Indonesia, meanwhile, is considering ditching general syndication altogether for its $200m loan after a strong response in senior.
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Bayer, the German chemicals and pharmaceuticals firm, has signed the $14.2bn acquisition finance facility backing its purchase of Merck & Co's consumer care business.
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Elisa - Ramirent - Cramo - Arcadis - Kungsleden
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Dutch architecture firm Arcadis has signed a $115m five year loan to refinance part of its debt six months early.
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Bayer, the German chemicals and pharmaceuticals firm, has signed the $14.2bn acquisition finance facility that backs its purchase of Merck & Co's consumer care business.