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DNB Bank

  • Euronav, a Belgian oil tanker and storage firm, has signed a $750m secured loan, partly to buy new vessels to capitalise on a market for oil tanker services that is buoyant, despite the fall in the crude price.
  • German speciality chemicals company Degussa has established a new Eu750m EuroCP programme through Deutsche Bank. Barclays Capital, Citigroup, Dresdner Kleinwort Wasserstein (DrKW) and JP Morgan join Deutsche as dealers on the programme.