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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
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
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A total of seven banks have committed $945m to Yue Xiu Enterprises’ self-arranged club deal, which was signed at the back end of last week, according to a banker close to the deal.
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Union Bank of Nigeria has signed a $100m fully underwritten deal to become the latest in a string of Nigerian financial institutions to tap the international loan market.
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The Islamic Development Bank (IsDB) has approved $705m of facilities for infrastructure and human development projects in its latest round of financing for member countries. -
Saudi Arabian engineering firm Abdullah AM Al-Khodari Sons Co has renewed an existing Shariah-compliant credit facilities agreement with Gulf International Bank for SR291.3m ($78m).
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Seadrill, the Oslo-listed offshore drilling company, has launched a $1.7bn term loan ‘B’ and $100m revolver.
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Nigeria's Oando Energy has signed loans to part-finance its $1.63bn acquisition of ConocoPhillips' upstream oil and gas business in Nigeria.
