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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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Turkish borrower Denizbank is in the market for a one year loan to refinance its $650m-equivalent facility signed in October 2011.
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August has seen little slowdown of Islamic financing volume despite the absence of market players for holidays as well as this year's Eid celebrations.
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CZZ Trade, a subsidiary of Russia’s fourth largest coal exporter, Zarechnaya, has launched a three year pre-export finance transaction into general syndication. The firm has pencilled in October 17 as the signing date.
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A subsidiary of Russian energy firm Gazprom has signed a $500m three year dual tranche loan from Sberbank and RBS.
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Macedonia’s state-run rail firm Public Enterprise for Railway Infrastructure has signed a €46.4m long term loan from the European Bank of Reconstruction and Development.