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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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Turkey’s Alternatifbank (ABank) is set to sign a refinancing loan of over $150m early next month, more than doubling its current facility of $71m, the bank said on Monday.
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Citi has boosted its loans and acquisition finance team through two internal appointments and an external hire.
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Petron Corp, the Philippines oil refiner, launched its $350m offshore loan into general syndication late last week as it looks to refinance local debt in the wake of San Miguel Corp's acquisition last year.
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Syndicated loans bankers think emerging market volumes will remain suppressed in the second quarter, according to EuroWeek’s latest poll.
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Isbank and Garanti have become the latest Turkish financial institutions to tap the loan market and both are set to maintain the country’s benchmark of 150bp all in.
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Promsvyazbank (PSB) is set to become the first Russian financial institution to complete a syndicated loan this year after lining up 11 banks for a club facility, an executive at the bank told EuroWeek yesterday.