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Omani oil company has pushed out maturity by a year
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Macquarie Bank closed a $250m loan at the start of this week, increasing the deal over its initial target after getting demand from 14 banks in syndication.
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Russian mineral fertiliser firm Acron Group has signed a $1.5bn-equivalent debt and equity project financing deal for a potash complex in Russia.
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Ukrainian steel firm Metinvest is in talks with banks for a pre export finance facility of up to $350m. Preliminary commitments from lenders have set the loan at $225m, but it is expected to rise by $125m during a second syndication phase as more lenders join after the orderly passing of elections in the country.
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Egypt is planning to build a £4.5bn ($737m) steam fired power station in the country’s northeast, using Shariah-compliant financing.
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Telecoms firm Vodacom Tanzania is hoping to sign a $250m-equivalent medium term deal. But bankers have warned that the credit will have to learn lessons from its last outing in the syndicated loan market if it wants the deal to go smoothly.
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Ukrainian steel firm Metinvest is in talks with banks for a pre export finance facility of up to $350m. Preliminary commitments from lenders have set the loan at $225m, but this is expected to rise by $125m during a second syndication phase.