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Loan will fund the investment company's purchases of non-oil and gas assets
The facility is being used to drive Saudi investment in industries away from petrochemicals
Bankers uncertain whether trades that didn't cross the line in 2024 will proceed
Company has doubled its relationship banks
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Hopes that Middle Eastern companies would become active in global M&A have yet to materialise as volumes stay depressed
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Loans to strong credits in the Middle East are in high demand, banker says
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More than 12 regional and global banks joined the facility as Middle Eastern companies find M&A appetite
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◆ Why benchmark issuance has resumed earlier than usual ◆ What lies ahead for capital markets ◆ African issuers switch out of loans to bonds
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South African mining firm raised €500m through triple tranche green loan to fund Finnish lithium project
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Optimism on rates leads bankers to expect corporates and banks will return to bonds