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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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Turkey’s Sekerbank is making its first foray into the loan market since 2008 with a $100m one year deal. Wells Fargo is co-ordinating the dual-currency dollar and euro loan. The borrower will send invitations to its relationship lenders for the club deal over the coming days.
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Iron ore project development company African Minerals is set for a $500m loan after raising $307m through a share issue, according to the company.
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Lukoil announced this week that it repaid the outstanding $567m balance of a three year $1.2bn syndicated loan signed in August 2009 ahead of schedule.
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The Kuwaiti Central Bank is set to issue its report soon on struggling debtor Investment Dar, according to bankers familiar with the restructuring process.