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First Abu Dhabi joins the syndicate for the short term loan all but equalling the size of a previous revolving facility
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
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Russia’s largest bank, Sberbank, has obtained all-in pricing of 185bp over Libor on its $2bn three year unsecured loan facility in the first round of bidding, said bankers familiar with the negotiations.
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Spanish pulp manufacturer Grupo Empresarial Ence has signed new credit facilities totalling Eu298m, consolidating outstanding bilateral loans and extending the maturity of its debt.
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UAE telecommunications company, Etisalat, is being courted by every lender active in the Gulf, according to Middle East loans bankers.
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Oman Power and Water Company (OPWP), has issued a formal request for proposals for its greenfield energy project, Al Sur independent power project (IPP), according to a banker close to the deal. Technical bids for financing the project are due over the coming weeks.
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Russian oil firm TNK-BP will use half of a recently signed $2bn unsecured five year loan to finance its $1.8bn acquisition of BP’s pipeline and production assets in Vietnam and Venezuela, according to a banker close to the facility.