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Syndicated Loans

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Executive moves from Deutsche to be MD
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Former investment banker has been CFO of Verbund
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  • GlobalCapital revealed the winners of its Syndicated Loan, Leveraged Finance and Private Placement Awards 2016 at its 14th Annual Loans Dinner on Wednesday. A dozen borrowers — corporate, bank and sovereign — from all over the EMEA region attended the dinner of 250 people at the Guildhall in London. The awards were as ever based on a poll of loan market participants, conducted at the end of 2016. As such, they are the only awards that recognise achievement in the EMEA loan market based on the opinion of the market. This year we added two high profile new awards: the Lifetime Achievement Award and Most Impressive Growing Force in the Loan Market. Participants at the dinner supported the Loan Syndicate Managers’ Forum’s chosen charity, Make Sense of It, which supports research into, and sufferers from, multiple sclerosis. GlobalCapital congratulates all the winners and nominees.
  • Chinese property developer Yanlord Land Group is poised to return to the loan syndications market with a $600m deal that will refinance a $385m borrowing raised in 2014.
  • Bank of China has made a senior level change in its loans team in Beijing, transferring a banker from its Singapore branch to take up the top post in the syndications department.
  • The leads arranging a syndicated loan of up to $150m for Indiabulls Housing Finance have extended the deadline for commitments.
  • Siberian Coal Energy Company (SUEK) is set to be the first in a run of Russian pre-export finance facilities, with bankers predicting as many as five big deals from borrowers in the first half of the year.
  • A syndicated loan of as much as $3bn for Dubai Airports looks set to be wrapped up in just under a month’s time, according to a banker close to the deal.