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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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Bankers this week described the Middle East loan market as “on fire” amid a run of big deals from the region and a burgeoning pipeline. -
International Bank of Azerbaijan (IBA) and AccessBank are both in the market to refinance loans they signed last year.
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Siaci - AS Adventure - Club Med - Kongsberg - Danube Foods
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Turkey’s first wave of 2015 financial institution loans has hit full speed, with three banks lining up and Akbank set to close its pace-setting deal.
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Danube Foods Group will hold a meeting with banks on Tuesday next week for a €375m loan backing its buyout by Mid Europa Partners.
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Indonesia Eximbank has zeroed in on seven banks to lead its latest $750m dual trancher. The lenders are targeting March 16 to launch the transaction into general syndication.
