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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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Bankers have played down the chances of many syndicated loans from Russia’s financial institutions in the coming months, despite Vnesheconombank boosting the market by signing an $844m deal late last week.
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Ghana Cocoa Board is about to issue RFPs for its annual trade financing facility, and is set to press for much tighter pricing than last year, said bankers close to the borrower.
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Multi Corp, the Dutch commercial real estate group, signed on January 12 a Eu98.5m term loan to build a shopping centre in the Czech Republic, it said on Thursday.
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Piero Greco has joined MF Global as the European head of emerging markets fixed income. He will be responsible for loan trading in the region.
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Abu Dhabi’s Mubadala, the state owned investment group, could be one of the first Middle Eastern borrowers to launch a syndicated loan since the onset of Dubai’s debt crisis, said bankers.