Top Section/Ad
Top Section/Ad
Most recent
Hydrocarbons, power and infrastructure bulked large last year
Senior loans banker leaves Deutsche after 14 years
Four sectors emerge with strong pipeline for Tanzania, Uganda, Namibia and Mauritius
First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
More articles/Ad
More articles/Ad
More articles
-
Reliance Industries has allocated its $2.49bn multi-tranche fundraising among 31 banks, with plans to transfer in the new lenders before the end of the year, said bankers close to the trade. -
The travails of Steinhoff International, the embattled South African retail holding company, deepened today as Christo Wiese, the entrepreneur who has built up the business, resigned as chairman.
-
Qatar National Bank has received interest from its relationship banks as well as new lenders from outside the Middle East for a loan refinancing, showing international lenders are no longer afraid of publicly showing their support for Qatari entities six months after its Gulf Cooperation Council neighbours severed ties with the nation.
-
South Africa’s FirstRand Bank signed a syndicated loan with 21 banks on Thursday for $700m, $200m higher than its launch amount, despite South Africa’s recent rating downgrade, which also led to a downgrade for FirstRand.
-
Adnoc Distribution, Abu Dhabi National Oil Co’s chain of petrol stations and shops, signed a $2.25bn loan with a club of banks before its initial public offering, which was completed last week.
-
China New Higher Education Group has become the latest of a string of companies from the education sector to access the offshore loan market for funds. While Chinese education firms have mostly been well received by banks, market observers cautioned against drawing broad-brush conclusions. Reputable schools with scale will still be a top pick for lenders, while their lesser-known peers may find frostier conditions. Shruti Chaturvedi reports.
