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Volume dips only slightly despite there being a third fewer transactions
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
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Asia Cement (China) Holding Corp is speaking to banks for a $250m loan to help fund its acquisition of a cement business in the Sichuan district of China. -
Sri Lankan Airlines lands on banks for $150m — UniTrust hits $123m after oversubscription — Minsheng comes offshore for Rmb800m
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Noble Group, a supplier of agricultural and energy products, metals and minerals, has increased the final size of its loan to $2bn from the launch size of $1.35bn, with an impressive showing in syndication as some 40 banks joined.
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Russian metals producer Norilsk Nickel has signed a $200m five year unsecured bilateral loan from ING.
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Richard Basham has become the sole head of Citigroup's Europe, Middle East and Africa loans franchise, after his co-head Ashu Khullar moved to lead the CEEMEA business in Citi's corporate bank.
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A jumbo $9bn project finance loan for Russian oil firm Gazprom is expected to be launched into syndication in the second half of this year, despite the raging Ukraine crisis that has locked many Russian borrowers out of the international loan markets.
