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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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Gazprom agreed a €500m two year loan with a consortium of banks in September, according to details the Russian gas company published in its half year financial report. -
Rieks Smook is Rabobank’s new head of capital markets, Asia, replacing Guy Hargreaves, who has left the bank, sources told GlobalCapital Asia.
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Indonesian conglomerate Astra International is close to winding up a $300m club loan with eight lenders.
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A portion of Tata Steel’s $5.6bn borrowing, which has been in senior syndication since July, finally launched into general on October 13, with five banks joining the original 11 leads.
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European Bank for Reconstruction and Development president Sir Suma Chakrabarti has said he expects his bank’s investment portfolio in Morocco, Tunisia, Egypt and Jordan to reach €1.5bn.
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Rongshi International Holding Company has launched its $150m offshore debut into limited syndication, with two banks at the top.
