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Malaysia's CIMB has increased the size of its syndicated loan to $500m from $400m, raising the additional amount as a separate facility from banks that joined as mandated lead arrangers during senior syndication.
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Chinese firm Essence International Financial Holdings has approached lenders for a HK$1bn ($128m) borrowing. -
ING Bank has relocated a leveraged finance banker from London to Singapore to head structured acquisition finance and sponsor coverage in Asia.
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Pakistan has signed its largest offshore syndicated loan on record, a $650m one year financing, with a group of 10 banks, said sources.
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Astra Sedaya Finance (ASF) has doubled the size of its offshore loan to $300m on the back of demand from 14 banks during general syndication.
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A $400m fundraising for Indian data analytics firm Mu Sigma has received commitments from five banks. Syndication for the deal, which was launched in March, remains open at the sub-underwriter level.
