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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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New methodology follows headroom created by S&P revision last year
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Mercuria Asia Group Holdings and Mercuria Energy Trading are gauging interest from lenders for a joint loan of $900m, according to bankers.
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Australia and New Zealand Bank has lost a member of its loan syndications team in Singapore, according to sources close to the move.
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Tikehau Capital — Morrisons — Zurich Insurance — Dubai Metro
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Stanbic Bank Uganda this week decreased the size of its loan refinancing to $55m. Weaker appetite for dollars from Ugandan corporates and a prospective US rate hike were reasons for the smaller deal, the bank's CFO told GlobalCapital.
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Three Hong Kong real estate investment trusts are tapping the loan market for funds, with DBS launching two new deals and Hang Seng Bank wrapping up a third transaction, bankers said.
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Hong Kong-based WeLab is set to dip its toes in the Asian syndicated loans market for a $50m borrowing, potentially fuelling a trend of fintech start-up lenders hitting the wholesale market for funds.