Middle East Loans
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The sovereign wealth fund achieved huge size but also a rare seven year tenor
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Lenders want to close emerging markets syndications before Christmas
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Rising bond prices pushed borrowers towards loans but that may be changing for some
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Borrowers are reluctant to make deals more complicated when securing any loan is tough
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One of the credit lines will support the state-owned electricity provider's business in Egypt
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Lenders can justify low margins or high risks by the bolt-on business they secure, except in the Gulf region
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Western lenders had planned to stand by Russia until the invasion of Ukraine in February
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Head of corporate finance leaves Abu Dhabi bank after former HSBC regional head arrives to run investment bank
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Gulf state hires HSBC and JP Morgan as sustainability structuring agents for financing framework
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Middle East loans bankers pin hopes on second half of year, as data shows number of signed deals continuing to decline
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ING has promoted Sebastian Frederiks to become head of wholesale banking for the Middle East.
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State-owned Qatar Petroleum was in the bond market on Monday with a multi-tranche bond that included a Formosa issue. Investors, meanwhile, say they expect the sovereign — one of the only Gulf states to have been absent from markets so far this year — to sell bonds imminently.