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HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
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
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African Export-Import Bank (Afrexim) has received a blowout response from retail investors to a $250m loan launched early this month.
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Turkey’s Yapi Kredi signed a $1bn syndicated loan on Wednesday, following in the wake of Akbank and Vakifbank’s successes.
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AngloGold Ashanti, the South African miner, signed a $1bn four year revolver this week, becoming the first African borrower to sign a major facility this year. It also sold a $1bn debut international bond on Wednesday.
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South African telecoms group MTN is thought to be in early discussions with banks about a jumbo loan to back a possible bid for most of the African businesses of Egyptian firm Orascom Telecom.