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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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Commonwealth Bank of Australia has hired Cathy Yuncken as head of loan markets to replace George Confos, who was promoted internally.
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Commonwealth Bank of Australia has hired Cathy Yuncken as head of loan markets to replace George Confos, who was promoted internally in May.
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The three bidders vying for the Peninsula Link project, a 25km four lane freeway in Melbourne, had until Tuesday to submit fully financed proposals, said bankers fighting for a role on loans worth around A$850m ($786m).
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Hong Kong fabric manufacturer Victory City hit the market with an HK$800m ($103m) five year facility on Tuesday becoming the latest mid-cap borrower to approach the syndicated loan market.
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Hong Kong property developer Lai Sun Development is in the market with a HK$1bn ($129m) three year loan run by Citi in a rare sole mandate this year for the US bank.
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Dubai International Capital will test the strength of the Middle East’s retail market with a $550m syndicated loan that it launched last week. The subsidiary of government-owned Dubai Holding is offering a top ticket of just $15m, in an attempt to lure regional banks to the facility.