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Avic International Leasing Co has returned to the market for a $45m loan to support its purchase of two ships. -
M&G Real Estate Asia has received a W115bn ($96m) green loan from OCBC Bank to finance a green building in South Korea.
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China’s Zijin Mining Co has returned to the loan market for an $800m deal to refinance a borrowing used for its acquisition of Nevsun Resources.
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Is the southeast Asian loan market set for a revival? Early signs are positive as borders start to open up and Covid-19 infection cases stabilise, leading to more enquiry from borrowers.
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Ireti Samuel-Ogbu will replace Akin Dawodu as Citigroup's country officer for Nigeria.
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South Africa’s Standard Bank is set to raise a syndicated loan by the end of the month, which, according to market sources, will be provided by Chinese banks. But bankers say the pipeline for syndicated loans in Africa and the Middle East remains nearly empty, as both lenders and borrowers continue to feel the impact of the Covid-19 pandemic.
