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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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Lenders participating in the $1.5bn loan for Gazprom-Neft will have their commitments scaled back as the deal has been oversusbcribed even after the state-owned Russian oil group increased the loan from $1.35bn. The firm will sign the facility next Thursday or Friday.
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Suek, the biggest coal mining firm in Russia, may send its $800m loan out for further syndication in October, bankers close to the deal told EuroWeek.
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Abu Dhabi commodity group, Emirates Steel Industries has signed its $1.1bn seven year project financing deal, three years after it was initially sought, bankers close to the deal told EuroWeek.