Loan
Eurozone banks see rebound in loan demand as rates fall: ECB survey
DEMAND for bank loans across the 20-nation eurozone rose in the third quarter and a further increase is expected in the final three months of the year, with household...
JPMorgan profit drops on bigger provisions for loan losses
JPMORGAN Chase’s profit dropped in the third quarter as it built up provisions for potential loan defaults, the bank said on Friday (Oct 11).
Profit was US$12.90 billion for the...
Digital Core Reit recasts US$716 million loan facilities
PURE-PLAY data centre real estate investment trust (Reit) Digital Core Reit has recast US$716 million of loan facilities which will be used to refinance its existing US$703 million term...
ByteDance to sign US$10.8 billion corporate loan in Asian record
About 20 lenders – comprising international and Chinese banks, including some branches – will fund the deal ByteDance, the Chinese owner of TikTok, is set to sign a US$10.8...
Wells Fargo launches US$1.6 billion loan for Tempur Sealy deal
A group of banks led by Wells Fargo & Co launched a US$1.6 billion delayed-draw term loan to help fund Tempur Sealy International’s acquisition of Mattress Firm Group, according...
China’s central bank delays one-year loan operation again
CHINA’S central bank announced it will inject one-year liquidity to domestic lenders on Sep 25, marking another delay amid a broad overhaul of its policy toolkit.The People’s Bank of...
ByteDance eyes US$9.5 billion in record Asia dollar corporate loan
ByteDance, the Chinese owner of TikTok, is tapping banks for a US$9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, according to people familiar...
Fintech Validus bags US$50 million loan to fund Indonesian MSMEs
VALIDUS has secured a debt facility of up to US$50 million from HSBC under the lender’s Asean growth fund strategy. Proceeds will be deployed through Validus’ Indonesian subsidiary Batumbu to...
