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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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Investment Corporation of Dubai has cancelled its $2.8bn refinancing deal and will repay the full $4bn in debt that matures on August 20.
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State-owned Indian Railway Finance Corp approached banks with a $200m loan on Friday, offering a safe haven to lenders shocked by the steady flow of bad news and volatility over the last few months.
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UniCredit Moscow’s €300m three year loan will raise enough commitments in syndication but only just, said loans bankers.
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Dirk Hentschel, head of distribution in WestLB’s EMEA loan syndication team, has resigned. EuroWeek understands that he is set to join Société Génerale’s expanding distribution team in the coming months. Hentschel will finish at WestLB at the end of this month.
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NLMK Europe signs oversubscribed deal
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Multilateral financial institutions have signed a deal to provide $164m in loans to finance the overhaul of Rift Valley Railways Investment’s Kenya-Uganda railway network.