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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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Suek, the biggest coal mining firm in Russia, may increase a new syndicated loan beyond the $800m originally sought, after banks oversubscribed the deal in its club phase. It may also launch the loan into general syndication despite the scalebacks that the club banks will take following the over-commitment. -
Angry environmentalists, worried pension-holders, an under-pressure US president and the oil-coated brown pelican — nobody is happy about the massive Deepwater Horizon oil spill in the Gulf of Mexico. Nobody that is, except some loans bankers, who are overjoyed by the asset-backed $5bn loan from BP subsidiaries BP Caspian and BP Angola.
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State-owned Angolan oil firm, Sonangol, is seeking a loan of $2bn-$3bn with a tenor of seven years or longer, say senior loans bankers.
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Angry environmentalists, worried pension-holders, an under-pressure US president and the oil-coated brown pelican — nobody is happy about the massive Deepwater Horizon oil spill in the Gulf of Mexico. Nobody that is, except some loans bankers, who are overjoyed by the asset-backed $5bn loan from BP subsidiaries BP Caspian and BP Angola.
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Angry environmentalists, worried pension-holders, an under-pressure US president and the oil-coated brown pelican — nobody is happy about the massive Deepwater Horizon oil spill in the Gulf of Mexico. Nobody that is, except some loans bankers, who are overjoyed by the asset-backed $5bn loan from BP subsidiaries BP Caspian and BP Angola.
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State-owned Angolan oil firm Sonangol is seeking a loan of $2bn-$3bn with a tenor of seven years or longer in its most ambitious deal yet, said bankers close to the borrower.
