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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 biggest coal miner, Suek, launched $200m of its $900m five year pre-export financing into general syndication on Tuesday, according to a loans banker on the deal. The loan was oversubscribed in its senior phase and senior banks have already had their allocations scaled back.
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TransCreditBank’s latest $300m two year loan includes a small $50m retail piece to attract potential new investors, according to a banker familiar with the deal.
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Turkey’s Isbank signed its largest ever loan on Tuesday, a $1.2bn one and two year facility. The transaction is the latest in a run of successful two year loans issued by the country’s banks.
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Mol, the Hungarian oil and gas company, has increased its Eu450m loan agreement by Eu50m after two more banks, including HSBC with a ticket of Eu25m, joined the deal.