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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
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Volume dips only slightly despite there being a third fewer transactions
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India’s Power Finance Corp is raising a loan with a fixed rate as it looks to move away from Libor, but its decision has received lukewarm response from lenders concerned about the lack of precedents. -
Joey Mak, a former loans banker at Mizuho, has joined Bank of Communications as section head of the structured finance department.
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A $350m sustainability-linked loan for Cal-Comp Electronics (Thailand) Public Co has been launched into syndication.
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The Thai subsidiary of Taiwan’s Chailease International Finance Corp has returned to the loan market.
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CDB Aviation, an Ireland-based subsidiary of China Development Bank Financial Leasing Co, has raised a $660m portfolio financing from banks.
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Taiwan’s Qisda Corp, which designs and makes electronic products, has wrapped up the first round of bidding for a NT$10bn ($358m)-equivalent dual currency loan.
