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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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Swedish construction group Skanska has amended pricing on an existing €550m loan and added two years to its tenor. -
Greenland Hong Kong Holdings, a subsidiary of property developer Greenland Holding Group, has launched a HK$2.5bn ($323m) three year loan into general syndication via facility manager Wing Lung Bank.
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China Modern Dairy Holding’s debut international syndication has been increased to $300m from $200m, driven by overwhelming market interest.
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Eleven banks have joined Chinese state-owned grain trader COFCO’s $3.2bn dual tranche loan, even though it was launched at a time when regulators were cracking down on bank exposure to China.
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Spanish wind turbine maker Gamesa has signed a €350m four year syndicated loan from 16 banks.
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Greenland Hong Kong Holdings, a subsidiary of property developer Greenland Holding Group, launched a HK$2.5bn ($323m) three year loan into general syndication via facility manager Wing Lung Bank.
