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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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Bank Rakyat Indonesia (BRI) is sounding out lenders for a $300m-$500m dual tranche loan. Banks are being asked to commit to a 3.5 year or a five-year tenor. -
Indonesia Eximbank has zeroed in on seven banks to helm its latest $750m dual trancher. The banks are due to sign the mandate sometime next week.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.
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A handful of Russian borrowers are in serious talks about international loans, say bankers, in spite of adverse political, economic and communication hurdles.
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International Bank of Azerbaijan is leading a return to loans by Azeri banks, despite the recent steep devaluation of the country’s currency, the manat.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.
