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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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Angola’s state-owned oil company Sonangol has approached its relationship banks for a new credit facility. The deal is still in its very early stages, but is thought to be for more than $1bn, bankers said.
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Renewable energy firm Qatar Solar Technologies (QSTec) has signed a $1bn facility with a domestic bank to finance the construction of a manufacturing plant.
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Emerging market borrowers will combat the shrinking appetite of international lenders by increasingly turning to their domestic banks, according to a EuroWeek poll.
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Turkey’s Alternatifbank has signed its $197.5m-equivalent one year refinancing loan from 20 international and domestic banks.
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Russia’s largest potash firm, Uralkali, is in talks with two Japanese banks for a syndicated loan.
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Saudi Arabia's National Prawn Company has agreed a SR460m ($122m) Islamic loan facility with Saudi Hollandi Bank to help finance its expansion plans and global export production.