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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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Commodities trader Gunvor Singapore, which had been talking to banks since February about refinancing debt, has launched its latest $750m borrowing. -
Petronas' subsidiary Malaysia International Shipping Corp is in the process of putting together a club of banks to supply a $1bn bridge loan.
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Natural gas provider Gasum enlisted just two banks to provide a €640m credit facility, part of which will refinance a recent acquisition by the group.
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One of the Ranger’s beloved companions, Silver, left the newspaper last week. In his final days, the departing journalist reminisced about his most colourful contacts.
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Thai company PTTEP Offshore Investment has signed up four lenders for a $500m club loan.
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ChemChina gave 11 banks allocations in the $20bn tranche of its Syngenta acquisition loan on Thursday, bringing the total number of banks in the syndicate to 16.
