HSBC, Barclays, Citi and StanChart provide mining company with US$200mn.
Syndicated Loans
Russian bank borrows combined US$168mn for trade finance deals.
Turkish lender taps 47 banks for euro- and dollar-denominated funding.
Bank receives largest syndicated deal for a Russian financial institution in two years.
But Rosneft deal means EMEA holds highest ever proportion for the period.
Qatari institution signs US$95mn Islamic arrangement.
While activity in the bond markets has rocketed recently, loan deals have plummeted. But Cristian Jonsson, newly promoted to global head of loans syndications at Standard Chartered, is hopeful of a return to form.
Here, he tells EMEA Finance why he believes 2013 will be a stronger year for the market, discusses the importance of loans work within StanChart's wider strategy and explains why a retreat from the product by other banks gives his own “a fantastic opportunity to take market share”.
€145mn funding package includes portion syndicated to UniCredit and Siemens Bank.
Standard Bank and China Development Bank have agreed a US$550mn bank guarantee and bridging facility with Shoreline Natural Resources.
African development finance institution raises funds from 12 lenders.