Loan
Billionaire brothers turn US$12,000 loan into empire of cheap toys
AT 18, Nick Mowbray dropped out of college in his native New Zealand and moved to China with his older brother, Mat. The pair spoke no Chinese, had few...
SK Hynix completes deal for US$958 million in US chips grant, loan
THE Biden administration has cemented a deal to give SK Hynix as much as US$458 million in grants and US$500 million in loans to support an advanced chip packaging...
US finalises US$9.63 billion loan for Ford, SK On joint battery venture
THE US Energy Department on Monday (Dec 16) said it has finalised a US$9.63 billion loan to a joint venture of Ford Motor and South Korean battery maker SK...
ESR inks largest syndicated sustainability-linked loan for US$2.5 billion
HONG Kong-listed real asset manager ESR Group has secured a five-year syndicated sustainability-linked term loan and revolving credit facilities (SLL) amounting to US$2.5 billion. The move brings such loans...
Europe’s loan bankers pin hopes on M&A revival to boost volumes
REFINANCINGS helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally picking up, bankers believe the tide is finally turning for bridge financings....
Reliance Industries seeks up to US$3 billion loan for refinancing
BILLIONAIRE Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of as much as US$3 billion to refinance debt due next year, according to sources familiar...
US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI...
Bain-backed Chindata seeks a US$2.8 billion loan for refinancing and expansion in Malaysia
Chindata’s planned loan highlights data centres’ financing needs for AI service demand in the regionBain Capital-owned data centre operator Chindata Group Holdings is in discussions with lenders for a...