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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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ANZ has hired Richard Dawson as the new head of loans and specialised finance, international, according to a Tuesday announcement.
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A $200m borrowing for Citic Pacific has been allocated among six Taiwanese banks, with sole lead Fubon Bank keeping most of the loan on its books.
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Far East Horizon has closed its largest syndicated loan at just over $1bn, after banks jumped onboard the fundraising.
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Shenzhen Sunway Communications has made a quick switch to Hong Kong dollars for its debut in the offshore loans market to take advantage of recent Hibor weakness.
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The European Commission’s Sustainable Finance Action Plan, announced on March 8, involves no less than 10 different workstreams, covering a wide range of the ideas put forward by the High Level Expert Group on Sustainable Finance, which held a one year inquiry for the European Commission during 2017.
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Brazilian energy company Petrobras has tapped the loan market for a $4.35bn revolving credit facility from 17 banks.