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Deutsche enters banking syndicate, ING and Commerz sit out of fresh transaction
Having to rate money-guzzling Anthropic and OpenAI will test the agencies’ nerve
Banks back increase of the offer's cash component for Tim by almost a fifth as uptake lags
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The investigative arm of the US Congress has told US regulators that the leveraged lending guidelines should be open to review. But this is nothing new — borrowers have been acting as if they are open to interpretation for some time.
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CMIG Aviation has landed for its maiden overseas syndicated loan, with one bank at the helm. The company is seeking $150m for aircraft pre-delivery financing.
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CCB Frontier Capital (Hong Kong), the overseas arm of financial services firm CCB Trust, is tapping the international syndicated loan market for the first time, for a $200m borrowing.
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Trade & Development Bank (TDB), the eastern and southern African development bank previously known as Preferential Trade Area Bank, is making its debut in the Middle Eastern loan market with a $200m facility.
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Dubai’s Global Education Management Systems (GEMS) Education has mandated four banks to coordinate its $1.2bn loan.
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Indian lender Yes Bank has decided to increase size of its five year syndicated loan, which was marketed to Taiwanese banks, to $250m from $200m, said a banker close to the trade.
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