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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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Two commitments have come in for Citic Telecom International’s $630m loan, after the company reduced the deal size once again. This time it has cut the size by $200m, opting to raise funding with a rights issue.
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Banks working on Inghams Enterprises’ A$748m leveraged buyout loan have closed and allocated the commitments received during senior syndication, managing to avoid going into general altogether.
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The United Arab Emirates’ national airline Etihad Airways has signed a $359m equivalent Islamic financing facility to buy two Boeing aircraft.
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Azerbaijan’s Pasha Bank has signed its debut international loan for $30.25m.
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Russian oil and gas firm Gazprom Neft has signed a $1bn term and revolving loan facility from nine banks.
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Standard Chartered has named Ben Constable as its head of loan syndicate and distribution, Europe and Africa.