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BayernLB, NordLB and Helaba shared loan to refinance Rheingold portfolio
ECB working paper argues banks adjust to fragmentation with higher buffers, decreasing credit supply across Europe
Sxiteen additional lenders joined the syndicate as Uniper and Amazon sign offtake PPAs
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Although the deal has taken longer than planned, the $150m loan for Africa Finance Corporation (AFC) will be increased following strong demand from Chinese banks, according to a banker on the deal.
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The $250m loan for Gulf schools operator GEMS Education has been signed with mostly Middle Eastern banks in the syndicate.
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The loan market got a bit hot under the collar about events in Turkey last week.
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Fortune Oil PRC Holdings, which is in the market for a $240m three year loan, has received one commitment so far with a score of lenders expressing interest in the credit.
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Tata Power’s subsidiary Bhira Investments has moved the deadline for commitments for a $460m refinancing to late April.
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Standard Bank of South Africa has grown its loan from $600m to $1bn in syndication, largely driven by demand from the four Chinese lenders in lead roles.
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