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HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
Nordic credit bureau sticks with three original banks for term loan and RCF
Belgian car leasing company taps four banks and three investment firms
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Russian shipping firm Sovcomflot has closed a $264m club facility with five international lenders, although the outlook for Russian companies in the syndicated loan market remains questionable going into the new year.
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Bank of the Lao PDR is taking commitments for a $100m four year borrowing in general syndication, offering lenders terms that are identical to its last offshore facility from 2015.
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The global high yield bond market has produced $320bn of new issues in 2018, up to December 21, 43% down on last year’s total of $563bn, according to Dealogic. Sentiment has turned progressively more bearish as the year has worn on, with concerns about US-China trade hostility and overvaluation of US equities biting.
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Austria’s OMV has signed €3bn of revolving credit facilities, in what bankers that worked on the deal are calling the largest existing deal of its kind in the Austrian market.
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London-listed The Renewables Infrastructure Group (Trig) has amended and extended its sterling revolving acquisition facility, cutting the margin and increasing the size.
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Bankers have confirmed that Garanti Bank has closed syndication for a $1.15bn refinancing loan this week.
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