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BWICs spike and spreads widen but market remains constructive
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
Dasha Sobornova joins from Akin Gump with experience across asset classes
Trade body for levfin investors turns to leading rating analyst
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Otto Bock, the German medical technology company, has mandated Commerzbank to lead a new €250m revolving credit facility.
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Sahara Petrochemical, the Saudi Arabian oil company, has completed a SR400m ($106.7m) standby revolving credit facility with Saudi Investment Bank.
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Russia’s Summa Group has received a R5.8bn ($187.188m) credit facility from Sberbank and Investor LLC, a company related to the borrower.
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Standard & Poor's has slashed ratings in 87 Spanish securitizations following its downgrade of the country's sovereign rating on Wednesday.
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Russian oil firm Slavneft has closed a $500m three year loan from seven lenders, but is expected to add up to $200m more to the facility in a second round of financing, said loans bankers.
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Azerbaijan’s Pasha Bank is planning a $50m one year club loan before the end of the year, rather than tapping the Eurobond market, said Taleh Kazimov, chief investment officer.