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Omani oil company has pushed out maturity by a year
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
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Egypt's national oil company, Egyptian General Petroleum Corp, has signed a $235m murabaha facility from Islamic Development Bank's subsidiary Islamic Trade Finance Corp (ITFC).
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Egypt’s national oil company, Egyptian General Petroleum Corp, has signed a $235m murabaha facility from Islamic Development Bank’s subsidiary Islamic Trade Finance Corp (ITFC).
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Standard Bank of South Africa’s $175m debut Middle East loan drew in lenders from across the region, with UAE and Qatari firms forming the bulk of the banking group.
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General syndication for Angolan oil firm Sonangol’s $1.5bn five year loan is due to close by October 31, with more than ten banks already attached to the deal.
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Agri-business Creative Group, one of the few Ukrainian companies still able to access the international syndicated loan market, has signed a $255m three year pre export finance (PXF) facility.
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Loans are all about relationships. AAR is taking a tough route by testing lenders to see if it gets on better with banks than the Russian state does.