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The Nigerian National Petroleum Company has raised a financing package, backed by multilateral lenders, commercial banks and oil trading companies.
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Recycling aluminium manufacturer Ye Chiu Group has returned to the loan market after a four year absence for a $150m deal to meet its refinancing needs.
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Companies across Europe are shifting their aspirations from surviving the coronavirus pandemic to making the most of the economic opportunities it may present. Both loan and bond bankers are seeing more requests to help clients fund M&A. In the last few weeks three companies have signed loans linked to acquisitions, and there are expected to be more after the summer.
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Polish oil refiner and petrol retailer PKN Orlen has raised a revolving credit facility. The Polish corporate is in the process of acquiring two fellow Polish energy corporates, as bankers predicted an uptick in M&A activity.
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Hong Kong real estate company Swire Properties has raised a HK$1bn ($129m) green loan to make some of its projects more eco-friendly.
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Singapore oil trading company Winson Group is planning to extend by one year a loan signed in 2019.