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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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Qatar National Bank is expected to sign its $3bn loan refinancing in the first week of February, according to a source close to the deal.
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Indiabulls Housing Finance is looking to borrow an up to $200m five year loan to replace an identical fundraising from September 2016.
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A HK$13bn ($1.66bn) three year financing to support a consortium’s acquisition of retail properties in Hong Kong is in limited syndication, with the underwriter title on offer.
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Trans Maldivian Airways has landed back in the Asian loan market for a $305m senior secured deal, following its acquisition by a consortium led by Bain Capital Private Equity at the end of last year.
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High grade loans bankers are predicting a flood of refinancing and amend and extend exercises in February, as earnings blackouts end and deals that have sputtered early this year push through the market.
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A $310m two-part borrowing to support Malaysian surgical glove maker Top Glove Corp’s acquisition of Aspion has received two commitments.