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Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
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China Mengniu Dairy has made its debut in the offshore syndicated loan market, signing a $200m facility with five banks. -
Hong Kong-listed real estate firm China Overseas Grand Oceans Group has wrapped up a $102.9m dual currency loan with five banks.
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Saudi hotelier and entertainment firm Abdulamohssein Al Hokair Tourism and Development Co has signed a SR50m ($13m) four year loan with Saudi British Bank.
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Bahrain's Arab Banking Corp launched a $500m three year syndicated loan into the market on Thursday morning, becoming the second Gulf bank to come to the market after seven years away.
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Bahrain Steel — Slovak Gas Holding
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Singapore’s Frasers Centrepoint has picked a group of three banks to provide it with funds for its A$2.6bn ($2.5bn) acquisition of Australian property developer Australand.
