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Deal comes 11 years after the company's previous loan and was extended by two banks
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
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The Hong Kong holdco of Sinochem is set to close syndication of a $700m loan this week, and increase the facility to $1bn after a strong response in syndication. -
Turkish glass and chemicals group Sisecam has amended a $240m syndicated loan signed last year, becoming the latest emerging market borrower to cut pricing on its bank debt.
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Russian coal miner Suek was expected to sign a mandate letter for a $700m syndicated loan late yesterday (Thursday).
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Isbank has become the third Turkish lender to launch a two year syndicated loan in the last six weeks, having invited banks into a facility that will replace a $740m equivalent line due in mid-September.
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