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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 with the…
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 to help build two electric…
Chindata’s planned loan highlights data centres’ financing needs for AI service demand in the region Bain Capital-owned data centre operator Chindata Group Holdings is in discussions with…
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market. The individuals, who joined as…
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed Georgia electric vehicle (EV) plant. The factory will…
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the…
CHINESE billionaire Li Shufu’s Zhejiang Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo in 2018,…
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a plunge in bond and equity prices in February. Deutsche Bank is…
The European Parliament voted in favour of €35 billion ($38 billion) in loans for Ukraine secured by windfall profits from frozen Russian assets on Tuesday. The EU legislative chamber…
AGROCHEMICALS giant Syngenta Group is seeking a US$3 billion sustainability-linked loan, in what would be Asia’s largest US dollar facility linked to environmental, social and…
KOTAK Mahindra Bank will buy Standard Chartered Bank’s personal loan business in India, the Indian lender said on Friday (Oct 18), leaving the UK-based company to focus on its wealth and…
The city-headquartered bank unveiled its ATM kiosk at the Puratchi Thalaivar Dr MGR Central Railway Station, one of the popular landmarks of the city 2 min read Last Updated : Oct 13 2024…
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…
CAPE TOWN, South Africa (AP) — The African Development Bank said Thursday it had approved a $1 billion loan to South Africa's state-owned rail and ports company, Transnet. The 25-year loan…
Pakistan has reached a staff-level agreement for a new $7 billion loan deal, the International Monetary Fund said Friday, the country's latest turn to the global lender for help in…
