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Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
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Taiwan’s Financial Supervisory Commission (FSC) has rolled out new measures to contain local banks’ lending to China, according to a new Moody’s report. -
Vakifbank has signed a loan of over $1bn equivalent with banks, using a 367 day tenor and going bigger than its deal last year.
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Loan Ranger was thrilled at the prospect of his impending trip to South Africa, until a leveraged loan banker gave him pause with a cautionary tale…
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Taiwan Broadband Communications’ NT$32bn ($1.02bn) seven year loan was launched into general syndication late last week, said bankers. The money, which is for refinancing, was prefunded by the four mandated lead arrangers and bookrunners, along with three MLAs.
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Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has attracted two to three commitments so far, said bankers.
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Indonesia Eximbank has received commitments from 17 banks for its $750m dual trancher. A whopping 30 more lenders have expressed an interest in the loan, said a banker on the trade.
