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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
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
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Dubai World real estate firm Limitless wants to finalise its $1.2bn Islamic debt restructuring by the end of the month, a company spokesperson said on Tuesday.
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Standard Bank of South Africa has completed a one year loan with a syndicate of mostly Asian lenders after a 60% oversubscription saw the deal increased to $160m.
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Shinhan Bank is eyeing local currency bond markets for funding before the end of the year, helping the South Korean bank hit its funding target for 2012 after a pair of benchmark bonds earlier in the year.
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The Egyptian Co for Mobile Services (MobiNil) has signed a E£2.9bn ($475m) loan to repay some of its debt and to expand its network.
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The City of Belgrade is set to receive loans for up to €114m to upgrade its transport infrastructure.
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Indian borrowers have turned to the international loan market in greater size over the last few months, making up for a lacklustre supply from the country in the second quarter. But loans bankers warned that no one should expect this small bump in volumes to lead to something more impressive, or more profitable.