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Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
The deal has not been pulled or put on hold, said sources involved
Trump's verbal attacks on Nato allies and US rate volatility put issuance on ice
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Steinhoff has asked its creditors for a one month extension on its multi-billion euro debt restructuring process, with the South African retailer saying on Monday that it needs longer to finalise documentation.
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Moves for a closer alliance between European’s two main development institutions appear to be accelerating, as France exerts diplomatic pressure to boost the continent’s soft power.
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The advance of global warming, highlighted by the Intergovernmental Panel on Climate Change’s report this week, not only demands that the private sector accelerate efforts to cut carbon emissions. Companies must also adapt to the changing climate – and this will involve interacting in new ways, experts say.
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Sonangol, the Angolan national oil and gas company, has mandated Standard Chartered to arrange a term loan after a two year absence from the market.
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Angola has signed a $2bn loan from China Development Bank, putting more debt onto the sovereign balance sheet as the country’s oil company seeks to borrow from commercial lenders.
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Sonangol, the Angolan national oil and gas company, has entered the loan market after a two year absence, following a rise in oil prices.