Investment Grade

  • Chinese FIG names lead the way in Asia’s loan revival

    Chinese FIG names lead the way in Asia’s loan revival

    Chinese financial institutions are leading a revival in Asia’s loan market as they take advantage of a shift in market dynamics to tackle their refinancing needs. Borrowers from other industries are also likely to join the action before long — if only to get ahead of a possible US interest rate hike after a rise in inflation, writes Pan Yue.

  • Halcyon Agri raises $300m loan

    Halcyon Agri raises $300m loan

    Singapore’s Halcyon Agri Corp, a subsidiary of China’s Sinochem International Corp, has raised a $300m loan from a group of Chinese lenders.

  • AAA Oils return for $750m

    AAA Oils return for $750m

    AAA Oils and Fats, the trading subsidiary of palm oil company Apical, has returned to the loan market with a $750m facility.

  • UPL bumps up SLL to $750m on strong support

    UPL bumps up SLL to $750m on strong support

    Indian agrochemical company UPL Corp has received strong response for its sustainability-linked loan during general syndication, allowing it to increase the size to $750m.

  • ChemChina opts for bilateral loans to raise $3.85bn for refi

    ChemChina opts for bilateral loans to raise $3.85bn for refi

    China National Chemical Corp (ChemChina) is raising multiple bilateral loans worth about $3.85bn to refinance a deal maturing in early May, ditching syndication in favour of one-on-one agreements with banks. But while the cost benefits may be appealing, such an approach by borrowers is unlikely to be sustainable in the longer run. Pan Yue reports.

  • PTPN signs loan extension

    PTPN signs loan extension

    Indonesia palm oil company Perkebunan Nusantara III (PTPN) has signed an extension agreement for a $390.6m loan after almost a year-long discussion with banks.

  • Mind ID seeks $1.5bn in general syndication

    Mind ID seeks $1.5bn in general syndication

    Mining Industry Indonesia (Mind ID) is testing lenders’ appetite for a $1.5bn dual-tranche loan that has been launched into syndication through a group of eight banks.

Article archive