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Indian company Tata Steel has returned to the loan market. It is in talks with banks for a £200m ($276m) financing to support its UK business. -
ONGC Videsh, the overseas subsidiary of Indian state-owned Oil and Natural Gas Corp, has launched a $500m loan into general syndication. It is targeting a broad group of lenders for the fundraising, owing to lending caps imposed on banks.
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Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.
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Yunnan Provincial Energy Investment Group, a Chinese state-owned company, has returned to the loan market after three years for a sustainability-linked facility.
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MUFG Bank has tapped David Uy as head of project finance for Asia.
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Hong Kong property developer Sino Group has converted a HK$1bn ($129m) loan sealed last year into a sustainability-linked deal, in line with its goals of embracing ESG across its operations.
