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Former investment banker has been CFO of Verbund
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Akbank’s more generous pricing seems to have paid off with banks lining up to refinance its syndicated loan.
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Wednesday’s Dutch general election has not put the brakes on corporate bond issuance as it was expected to, probably because investors are expecting a fragmented result ending in a coalition, rather than a market-unfriendly all out vote for the far right.
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State Bank of India, which allocated its most recent fundraising only a few weeks ago, is back in the market already for a $500m three year facility. A group of 13 lenders is processing approvals to lead the new deal.
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Bharat Petroleum Corp (BPCL) has approached banks for a $150m five year bullet to take out the remainder of a $750m bridge raised through three bilaterals last year.
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A group of four lenders are close to clinching the mandate for a financing to support the purchase of a stake in Indian data analytics firm Mu Sigma.
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Dubai shopping centre builder Majid Al Futtaim (MAF) has closed a revolving credit facility in a club deal with relationship banks.
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