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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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Macanese casino operator MGM China Holdings is talking to banks about a HK$12bn ($1.55bn) loan, attempting to attract lenders despite big supply from the sector over the last six months.
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Power Finance Corp has closed and allocated a $250m loan, increasing the deal by $150m over its original target after getting strong support from Taiwanese lenders, despite some wariness among the country’s banks of lending to more Indian companies.
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Russia’s push for a fully functioning domestic syndicated loan market has edged forward after banks agreed to discuss a 70 page paper that will form the basis of standardised loan documentation in the country.
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Metinvest, the B2/B rated Ukraine metals group, announced on Thursday that it has fully repaid its $1.5bn five year facility signed in 2007. At the time, it was the biggest loan from Ukraine and it remains Metinvest’s largest deal.