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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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Indian Railway Finance Corp (IRFC) and Rural Electrification Corp (REC) are both delaying their loans, responding to lenders’ requests for more time to consider the loans amid continued market instability.
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Sands China is close to wrapping up a $3.5bn refinancing, coming to the end of a long syndication process that has already attracted 16 banks. The global coordinators are waiting for two more banks to commit before closing the transaction, and are now writing up documentation for the deal.
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European lenders have not had any problem coming up with commitments for a $750m two year loan for South African financial institution Investec.
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European lenders have not had any problem coming up with commitments for a $750m two year loan for South African financial institution Investec.
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Russian Standard Bank (RSB) has borrowed Rb4bn ($100m) from the European Bank for Reconstruction and Development to fund consumer lending growth.
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Privately-owned Kazakh rail freight operator Eastcomtrans has signed its debut syndicated loan. The $100m five year amortising loan was oversubscribed in syndication and the participating lenders were scaled back.