The government of Panama has awarded a $700 million concession to develop a port at the Howard air force base to London & Regional Properties. The project is described as a megaport and a mini-city, and will involve the development of the 2750-acre base into a commercial, multimodal hub and resident...
Sole mandated lead arranger JP Morgan is in the market with a Rmb3 billion ($388.7 million) five year term loan for Kohlberg Kravis Roberts' buy-out of Tianrui Cement - KKR's first Chinese investment. KKR has taken a 36% stake in the company and may increase its investment before the year is out.
KKR's Tianrui acquisition debt out