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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 of Tokyo Mitsubishi UFJ has lost a senior banker from its loan syndication business in London. -
Indonesian power company Pertamina is seeking a loan of $1bn and sent out a request for proposals for the fundraising.
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Reliance Industries’ telecom arm Reliance Jio Infocomm launched its $1.5bn dual facility refinancing loan into general syndication on Friday, after cementing a mandated lead arranger and bookrunner group with 15 banks.
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Albaraka Turk was poised to close a $150m one year syndicated murabaha facility on Monday afternoon, having received more than the demand necessary for the dual-tranche loan.
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K Wah International has made a rapid return to the loans market, inviting banks for a HK$3.85bn ($497m) 4.5 year loan to fund a construction project in Hong Kong.
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İşbank — Rudine — KMG International — Hankook Tire
