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Saudi Arabia mining firm furths relationships with international banks following a $1bn sukuk in January
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
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Abu Dhabi real estate company Sorouh launched a Dh3.5bn ($952m) loan into syndication 10 days ago, according to bankers familiar with the facility.
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Albaraka Türk Katilim Bankasi, a Turkish Islamic bank, has increased a syndicated loan to $250m from $100m after strong demand from lenders.
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Gazprombank is set to borrow $750m or more of three year money, according to bankers close to the deal. The Russian bank may increase the size if the number of MLAs on the deal is extended.
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Kenya’s biggest sugar company, Mumias Sugar, is seeking a Ksh1.6bn ($20m) syndicated loan to finance an ethanol plant which will process molasses into fuel.
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