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Syndicated Loans

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  • Industrial & Commercial Bank of China’s London-based head of global loan syndication will be moving to the Asian Infrastructure Investment Bank in Beijing.
  • Temasek Holdings-backed Fullerton India Credit Company has invited banks to join a $250m debut borrowing.
  • Private equity firm Blackstone has mandated four banks to support its acquisition of India’s Essel Propack (EPL), a specialty packaging company.
  • HSBC’s new global banking boss has quietly redesigned the division and fleshed out a cohesive corporate finance strategy that plays to its strengths, writes David Rothnie.
  • US Democrat senator, and presidential hopeful, Elizabeth Warren wants to upend private equity. She has proposed a bill which would stop PE money flowing to some sectors altogether and would send deal numbers and valuations plunging. But it could also lower borrowing costs, reports Karoliina Liimatainen.
  • HSBC’s Doody moves to New York — LCH hires Créd Ag’s Girolami — Mizuho chooses Slavinskiy for EMEA IB