Logo of Saudi National Bank Co. (SNB) Saudi National Bank (SNB) is seeking to secure a $1 billion syndicated loan, Bloomberg reported, citing a source.   DBS Bank and Mitsubishi UFJ Financial Group are acting as lead arrangers and bookrunners for the five-year loan, the source added.   The facility is being marketed to global banks, including lenders from Asia.   SNB offered an interest margin of 90 basis points over the secured overnight financing rate, the report said. ...

Abu Dhabi’s sovereign wealth fund ADQ is close to securing a $4 billion syndicated loan, primarily from lenders based in Greater China, in the latest Middle East deal tapping Asian bank liquidity. The loan has mainly attracted banks in China, Macau and Taiwan, according to people familiar with the matter. A representative for ADQ declined to comment. ADQ’s financing underscores a broader trend of Gulf economies syndicating loans in Asia as they seek to diversify funding sources amid ambitious expansion p ...

Core Insights - The transaction involves a USD 120 million syndicated loan for Sudameris Bank, aimed at accelerating its expansion in Paraguay by broadening financing options for SMEs and corporations [2][6] - The loan was oversubscribed, indicating strong market appetite and confidence in Paraguay's macroeconomic stability and Sudameris' growth strategy [5] Group 1: Transaction Details - The loan was successfully closed by Banco Latinoamericano de Comercio Exterior (Bladex) and involved ten financial entities, with six participating for the first time, enhancing Sudameris' network of international partners [2][3] - Bladex demonstrated agility and technical expertise by structuring and coordinating the loan in under two months, capitalizing on favorable market conditions [4] Group 2: Institutional Impact - Proceeds from the loan will enable Sudameris to enhance its institutional growth by expanding financing opportunities for small and medium-sized enterprises and corporations [6] - Sudameris Bank is recognized as the leading lender to the productive sector in Paraguay, particularly in industrial, livestock, and agricultural segments, reinforcing its role in the country's economic development [9] Group 3: Strategic Partnerships - The transaction underscores the long-standing strategic partnership between Bladex and Sudameris, aimed at strengthening Paraguay's financial system and promoting regional economic growth [3][7] - Both institutions are committed to creating financial solutions that support sustainable economic development in Latin America [7][8]