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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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State-owned Abu Dhabi National Oil Co (Adnoc) is expected to sign its debut syndicated loan facility for $6bn with 13 banks next week. -
The poll to decide the winners of GlobalCapital's Loan Awards 2017 has opened.
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Cathay United Bank has named a replacement for Benjamin Wong following the senior loans banker’s exit from the Taiwanese lender’s Hong Kong branch after less than a year.
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BBVA is shuffling several senior bankers in its global project finance team, after its global head of energy project finance departed to take up a role at ING Capital in New York.
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A group of four lenders has joined a $300m loan for China Modern Dairy during general syndication. The newcomers were not scaled back from their initial commitments.
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Chinese steel maker Shougang Group has turned its attention to the offshore loan market, sending an invitation for an up to $300m financing a month, after nabbing $400m from bond investors.
