The deal is being road-showed in Singapore on July 26 and Taipei on July 28.
The tenor of its $225m loan is five years.
Pricing increased by just 25bp to 200bp as a result.
The larger loan has a four-year tenor while the new $1 billion loan has a one-year maturity.
The issue – lead arranged by Mizuho Securities, SMBC Nikko Securities and Mitsubishi UFJ Morgan Stanley Securities with Mizuho Bank as bond administrator – was 1.8 times oversubscribed and came with a yield of 0.54%.
The funding will support the borrower’s portion of $1.9 billion of debt being raised by state-owned oil companies Bharat Petroleum Corp, Indian Oil Corp and Oil India to finance the joint acquisition of a 23.9% stake in JSC Vankorneft from Rosneft.
African Export-Import Bank (Afreximbank) is nearing close on a $300 million five-year Chexim-guaranteed fundraising aimed at Chinese lenders.
The insurance broker has realigned its business into three regional units, appointing a new Asia CEO and president of the US and Canada division.
The island, which has been suffering an economic downturn owing to a shortage of liquidity caused by plummeting commodities prices, will use the funds to invest in infrastructure.
The restructuring reduces Verso's debt by $2.4 billion and includes funding to support ongoing operations and capital investment.
The chemical producer downsized the loan from $2.025 billion as part of a measure to move towards an investment grade credit rating.
The new office will house Misys’ commercial lending solutions.
The loan has a partial guarantee from MIGA which has made the pricing tighter than the norm for the BB+ rated borrower.
Sponsor take-up from Egypt’s first round of solar PV concession looks set to be significantly less than the 2000 MW tendered.
Before HSBC, Santos worked at ABN Amro for five years.
Meetings kicked off today in Singapore and will also be held tomorrow in Hong Kong. The remainder of the dates are Dubai and Abu Dhabi on July 24, and New York, Boston and Los Angeles from July 25 to 27.
The funds will be used to upgrade the borrower's ammonia production line to decrease energy consumption by 30%
Asian lenders dominated the Trade Finance Analytics global top 10 ranking by value for the first half of 2016.
IFC's global trade finance programme promotes trade among emerging markets, helping banks to ensure liquidity of export-oriented small and medium enterprises (SMEs).
Advising on trade finance will play a significant part in the alliance.