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New facility smaller than the original but 20% larger than the launch amount
In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Market stress so far confined to consumer credit and SMEs across region
Tighter margin loan a 'sign of things to come' for infrastructure lending
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A director of corporate real estate at Lloyds Bank resigned last week and the bank has not made plans to fill his role, according to two sources. -
Bank of America Merrill Lynch and Credit Suisse are supporting Bayer’s $62bn bid for American agribusiness giant Monsanto and more banks are working on a loan for the deal, according to two bankers.
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Chinese property developer Powerlong Real Estate Holdings has inked a $120m term loan with three banks to refinance its existing notes.
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Last week was full of surprises, the most entertaining one was hearing that a certain European banker has a penchant for mid-1990s American rap.
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Ooredoo — Assura — Hill & Smith — Amor — Vestas
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Investment grade loan bankers have long wrestled with brutally tight margins but the recent premiums offered for certain dollar loans aren’t fooling anyone, they don’t make a scrap of difference.
