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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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Abu Dhabi National Energy Company (Taqa) has signed a $1.4bn-equivalent project financing to expand its Jorf Lasfar coal project in Morocco.
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China Steel Corp signed a $89m loan at the start of the week, after heavy demand gave the company the chance to increase the size of the deal.
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Russian metals and mining firm Norilsk Nickel is discussing a bridge-to-bond facility with a small group of banks.
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Saudi Arabian engineering firm Abdullah AM Al-Khodari Sons Co has agreed a SR156.24m ($42m) Islamic financing addendum with Banque Saudi Fransi to add to the $305m-equivalent Shariah-compliant deal the company signed with the bank last June.
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Australian company Whitehaven Coal’s A$1.2bn ($1.26bn) loan has now been closed in syndication, after the deal was oversubscribed and received commitments from more than 12 banks overall.
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Noodles and drinks maker Uni-President China Holdings has sent a request for proposals to banks for a five year loan that will be worth between $100m and $200m.