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Philippine oil company Petron has received a strong response for its return to the offshore loan market, increasing the size of its deal to $800m.
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Indonesian palm oil producer Perkebunan Nusantara III has launched its debut offshore borrowing into general syndication.
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Profit Reach International, an investment vehicle owned by Chinese billionaire Shen Guojun, has closed a $550m refinancing, attracting 12 participants during syndication.
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The Bank of the Lao PDR (BOL), Laos’s central bank, has relaunched a loan following a failed syndication late last year, but it is not clear how successful it will be second time around. Pan Yue reports.
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Indonesia’s Mega Central Finance and Mega Auto Finance have returned to the offshore loan market, jointly seeking a $100m dual currency deal.
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SEG Automotive, a starter motor manufacturer, is tapping the offshore loan market for a €300m dual tranche facility.