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At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
Six tranche loan attracts record demand
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Turk Telekom subsidiary Avea has signed a €90m nine year loan backed by Finnish export credit agency Finnvera, after Avea's ultimate parent company Otas failed to make a repayment on a $4.75bn loan in September. -
Two bankers have joined the loan syndication team of Agricultural Bank of China in Hong Kong in recent months, according to sources.
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State Bank of India has zeroed in on six lenders for a $600m financing. Although the mandate has been firmed up, general syndication will likely launch next year, said a banker close to the deal.
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Export-Import Bank of India, which sold its first 144A bond in July, has now turned to the syndicated loan market for a $75m borrowing.
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A Park Hotel Group company has approached the loan market for a S$760m ($536m) five year fundraising.
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