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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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Chinese budget hotel chain Home Inns & Hotels Management has agreed to acquire rival Motel 168 International — and bankers are now preparing to syndicate a $300m loan to support the deal.
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Indonesia rubber and palm oil producer Bakrie Sumatera Plantations (BSP) has approached bankers with a $250m loan that it wants to use to refinance a bond falling due later this year. But the borrower will not be away from the bond market for long: loans bankers think the company will attempt a bond issue over the next 12 months.
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Bosnia and Herzegovina-based cable TV company Telemach is in talks with the EBRD and commercial lenders for a Eu25m A/B loan.