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South Africa’s Investec Bank has doubled the size from launch of its two year syndicated term loan to $600m, after a 'significant' oversubscription. -
A holding company owned by Dubai’s Oger Telecom has come to an agreement with all of its lending banks to give control of Turk Telekom to creditors, after months of restructuring talks on a $4.75bn loan.
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Huarong Investment Stock Corp has returned to the loan market for a HK$3bn ($382m) dual currency borrowing, offering similar terms as last year.
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David Zhu, a former loan syndications banker at Deutsche Bank, has joined ICBC International, GlobalCapital Asia understands.
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Citi has named Prosenjit Saha as head of loan sales for ASEAN and India, a newly created position to boost the bank’s loan business in the regions.
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Akbank is due to send out invitation letters for its late summer one year syndicated loan by the end of this week, according to a source close to the Turkish lender.
