The deal marks the first facility arranged in Asia’s syndicated loan market to combine both green and sustainability-linked features, and the first such issuance by a Chinese multinational.
The region’s private credit markets are emerging as the next big opportunity for investors who are searching for higher yielding assets, and Singapore start-up, Kilde, is making a unique play for this under-tapped asset class.
Commodities trader Noble Group, under attack for the second time this year, finds support from lenders who brush aside allegations to back a $2.25 billion loan facility.
The commodities trader has reached out to relationship lenders for a revolving credit facility worth up to $3 billion after a weak quarter and in the face of Iceberg's allegations.
Malaysia Airports is this week expected to launch syndication for a €500 million loan, while Cheung Kong will meet lenders this month as part of its reorganisation.