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Eighteen year facility backed by EIFO comes as interest in energy infrastructure mounts
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
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Ooredoo — Bulgaria — Land Securities — Nidera — AS Adventure
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Steel-based goods manufacturer Voestalpine has signed a €900m loan consisting of a €600m revolving credit facility and a €300m term loan. -
ArcelorMittal is in the market with a $6bn revolving credit facility, according to bankers involved in the deal.
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The bank meeting to arrange financing for ChemChina’s acquisition of Pirelli will be held in Milan on Wednesday, according to a banker on the deal.
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Dutch grain trader Nidera is still arranging an $800m loan that has been in the market for at least three months.
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Commodities trader Glencore is in talks to refinance $15.3bn of credit facilities with at least 69 banks, according to a banker on the deal.
