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Former investment banker has been CFO of Verbund
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National Bank of Abu Dhabi has completed syndication of its $2bn loan, which was oversubscribed, and will sign it within two weeks. -
K Wah Financial Services is said to be on the hunt for a HK$6bn ($773.6m) five year facility. The company was last seen in the loans market in May this year, when it sealed a HK$2.4bn borrowing.
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The most recent loan refinancings for Turkish banks Garanti and QNB Finansbank were seen trading at a higher level than previous newly issued Turkish bank loans, showing how concerns for the weakening lira has driven up pricing.
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Loan market participants proved that whatever the circumstances — Brexit, US elections, European elections, Ed Balls being kicked out of Strictly Come Dancing — they remain a cordial and friendly band.
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Santander has hired Andrew Clayton to lead its UK leveraged finance division and grow its business in the mid-size corporate market.
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An A$500m ($380m) five year facility to support Philippine company Universal Robina Corp’s (URC) acquisition of Snack Brands Australia has attracted commitments from about 15 banks.
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