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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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Bankers leading Protelindo’s $600m loan have held two roadshows this week and have one more scheduled for Thursday to drum up interest in the five year deal, which has already received commitments from eight lenders in senior syndication.
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San Miguel Corp’s $1.3bn five year loan is proving popular with lenders. Four more banks have joined at the top level, adding to the existing bookrunners and mandated lead arrangers.
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Nigeria’s Seven Energy International has signed a $255m syndicated loan from five domestic lenders.
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Abu Dhabi construction firm Manazel Real Estate has signed a Dh600m ($164m) Islamic finance facility with Abu Dhabi Islamic Bank (ADIB).
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Akbank subsidiary AKLease has signed a $128.5m-equivalent syndicated loan from seven banks.