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New methodology follows headroom created by S&P revision last year
Banks ready to do deals but wiser to wait
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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.
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Chinese company Avic International Leasing has increased the size of its latest syndicated loan to $200m from $150m.