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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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The allocations for Pan-Asia iGate Solutions’ $360m loan have been finalised among the 11 banks that formed the syndicate group. -
Indonesian state-owned Sarana Multi Infrastruktur is seeking a loan of $150m, which when it materialises will mark the company’s debut syndication.
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A group of five banks are tipped to win the mandate for Perusahaan Gas Negara’s request for proposals for a $1.5bn loan, with the borrower expected to meet the lenders soon to hash out final terms.
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KGI International Holdings, the offshore holding company of Taiwan’s KGI Securities, has launched into syndication a $100m dual-currency facility, pricing it at 200bp over dollar Libor or Hibor.
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Tullow Oil, the London-listed but Africa-focused oil exploration and production company, has followed up last week's successful bond issue with a $750m refinancing loan.
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Lite-On Mobile, owned by Taiwan’s Lite-On Technology Group, signed its $200m fundraising on March 31, 2014 after a group of 13 lenders piled on to the deal.
