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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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Huarong Investment Stock Corp has increased the size of its dual-currency syndicated loan to HK$3.6bn ($462m) from HK$3bn.
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GarantiBank International (GBI), a Dutch subsidiary of Turkiye Garanti Bankasi, fully drew a $250m one year loan, in order to finance the firm’s global trade activities.
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A $300m three year fundraising for pharmaceutical company China Medical System Holdings has entered general syndication with three banks at the helm.
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A loan of around $400m for Indian data analytics firm Mu Sigma is open for retail participation after a successful senior phase when seven lenders joined the deal.
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Mizuho has lost a banker in its syndicated loans department in Hong Kong, according to two sources.
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Standard Chartered has appointed Lyndon Hsu as global head of leveraged and structured solutions, based in Singapore.