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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 state-owned lender Power Finance Corp has picked three banks to manage a yen-denominated loan worth the equivalent of $260m. The company wants to launch the deal into syndication early this week.
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Egyptian General Petroleum Company (EGPC) has delayed awarding the mandate for its new $2bn five year pre-export financing due to local unrest, according to a loans banker. The rival bidding groups were due to be informed of the result on Thursday.
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Turkish telecoms company Ojer Telekom launched a $1.35bn loan into syndication at a bank meeting in Istanbul on Thursday.
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Russian miner Rusal, the world’s largest aluminium producer, plans to take advantage of improved conditions to refinance $5bn in international bank loans this year, the company’s deputy CEO and director of capital markets, Oleg Mukhamedshin, told EuroWeek. And loans bankers agreed that the company can do it.
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Turkish financial institution Sekerbank completed a dual currency Eu41m and $35m term loan from a club of banks at the end of 2010.
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African telecoms company Telkom has signed an export credit agency backed $127m seven year loan.