Syndicated loan
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SNB seeks to raise $1B syndicated loan: Report
ArgaamPlus· 2025-12-02 15:13
Group 1 - Saudi National Bank (SNB) is seeking to secure a $1 billion syndicated loan [2] - DBS Bank and Mitsubishi UFJ Financial Group are acting as lead arrangers and bookrunners for the five-year loan [3] - The loan facility is being marketed to global banks, including lenders from Asia [4] Group 2 - SNB offered an interest margin of 90 basis points over the secured overnight financing rate [5]
Abu Dhabi’s ADQ Nears $4 Billion Loan, Taps Greater China Banks
MINT· 2025-10-09 05:33
Group 1 - Abu Dhabi's sovereign wealth fund ADQ is nearing a $4 billion syndicated loan primarily from lenders in Greater China, indicating a trend of Gulf economies seeking Asian bank liquidity for funding [1][2] - The loan has attracted banks from China, Macau, and Taiwan, reflecting strong demand from Asian banks for highly-rated entities like ADQ, which holds an AA rating [1][2] - Middle Eastern borrowers have raised $5.2 billion in syndicated loans across the Asia Pacific in 2025, marking a seven-year high and a 53% increase from the previous year [3] Group 2 - The ADQ syndicated facility agreement is expected to be signed soon, with the loan initially marketed for three and five-year tenors but likely closing with only the five-year maturity [4] - The five-year facility will have an interest margin of 85 basis points over the benchmark Secured Overnight Financing Rate [4] - Major bookrunners for the loan include Bank of China, DBS Group, Industrial & Commercial Bank of China, JPMorgan Chase, HSBC, and Standard Chartered [5]
Bladex Leads USD 120 Million Syndicated Loan for Sudameris Bank, Supporting Its Growth in Paraguay
Prnewswire· 2025-07-03 13:50
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]