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MDBs see financing regions and cities as a crucial growth area, since they handle much of social development but lack access to capital
Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
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Intesa is expecting to close its €5.2bn syndicated loan deal to finance Qatar Investment Authority and Glencore’s acquisition of a 19.5% stake in Rosneft by mid-September after much delay.
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Cathay United Bank has invited lenders for meetings in Laos during the first week of September, as it prepares to launch three different loans from the country.
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Infrastructure Leasing & Financial Services (IL&FS), which successfully tapped the fledgling Masala loan market for a Rp3.4bn ($53m) deal last year, has returned to the offshore market. But this time around, it opted for a dollar deal.
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Indian lender IndusInd Bank has closed syndication for a $300m three year loan, with allocations likely to be out early next week.
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Cairn India Holdings, which signed up new lenders for a $651m borrowing in late July, has received commitments from two more banks.
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Russian potash company Uralkali signed a $850m pre-export finance facility with 11 banks on Wednesday, showing that investor appetite for the country remains strong despite the US enforcing more sanctions.