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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
Omani oil company has pushed out maturity by a year
Renamed company's $4.2bn murabaha facility has lifted Saudi banks
Volume dips only slightly despite there being a third fewer transactions
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African Development Bank is arranging billions of dollars in financing
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Deal is the second largest syndicated loan for a CEEMEA sovereign in euros this year
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Company signed inaugural facility for $175m in 2024
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CEEMEA loans bankers hold calls on Monday morning and agree to press ahead with deals
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Longer tranches added during syndication off back of lender demand
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Financing will be used to build out infrastructure