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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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Hungary’s OTP Bank signed a Eu220m syndicated loan on Monday morning, becoming the first financial institution from the country to tap the market this year.
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India’s Rural Electrification Corp (REC) drew criticism from bankers this week as it asked for proposals on an offshore loan for the fourth time this year.
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India’s Power Finance Corp has invited bids for a $300m five year loan, becoming the latest Indian borrower to target the offshore markets as international appetite for risk continues to recover.
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A multi-billion dollar financing package supporting Reliance Industries’ offer to acquire the bankrupt US petrochemicals firm LyondellBasell was left hanging in the balance this week after Lyondell proposed an alternative reorganisation.
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Citi leads Bangladesh taka loan for BURO
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Standard Chartered Private Equity has made a $33m investment in Firepro Systems, India’s largest fire and electronic safety solutions company.