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Sri Lankan commercial lender Sampath Bank is following in the footsteps of the sovereign by tapping the loan market for funds, launching a $50m borrowing with an unspecified greenshoe. -
A clutch of loan deals have commitments due over the next week, as the market looks to allocate debt before the anticipated August slowdown.
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Indian conglomerate Aditya Birla Group is understood to be in talks with banks for a syndicated loan for one of its flagship businesses, Grasim Industries.
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French residential real estate company Foncia on Monday reopened the book for a €800m loan backing its acquisition by a Partners Group-led consortium, after tightening pricing beyond guidance.
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Rabobank has hired a banker for its loan syndications team in Hong Kong, replacing Kitty Leung who left the firm earlier this year.
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The government of Sri Lanka’s $300m three year borrowing has received a chunky commitment in syndication, according to a source.
