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First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
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
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CVC Capital Partners is speaking to international banks about a new loan to refinance a deal used to acquire Poland’s state railway company’s energy unit PKP Energetyka in 2015.
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China Shengmu Organic Milk opened syndication for a Rabobank-led $100m three year financing last week, returning to the loan market after an absence of about one and a half years.
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Aluminum Corporation of China (Chinalco) has approached lenders for a $200m two year loan through its Peruvian arm, according to bankers.
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Chinese property developer Greenland Holdings is planning to increase the size of its loan, launched in late April, to $300m from $250m.
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A short and limited syndication of a HK$28bn ($3.6bn) financing to support the take-private of Hong Kong-listed footwear company Belle International Holdings has wrapped up with one more bank jumping in.
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Energy utility company EP Infrastructure (EPIF), part of the Energetický a průmyslový (EP) holding group, has refinanced a €1.75bn loan from last year with a €1.95bn facility with 15 banks making it the first Czech Republic corporate loan of 2017.