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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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Qatar Telecom launched its $1.5bn forward start facility this week, offering lenders tickets of $50m and $25m.
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Sappi, the South African paper company, is set to close its loan at the end of next week. The $800m deal went well, picking up a good level of commitments, according to bankers close to the facility.
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Sonangol launched general syndication of its $1bn new money loan on Wednesday. Calyon underwrote the deal, while Banco Espíritu Santo, BNP Paribas and Société Générale each committed $150m during the senior phase.
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Troika Dialog became the latest Russian bank borrower to avoid a refinancing this week, opting instead to repay a $130m syndicated loan maturing this month.
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Sisecam, the Turkish glass and chemicals group, will sign its syndicated loan today (Friday). The facility was oversubscribed and an increase is expected.