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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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SIG, a Sheffield-based specialist building products company, has refinanced a £250m revolving credit facility that was due to mature in May 2015. -
Hexagon, a Swedish company which makes precision measurement tools, has obtained a €2bn five year multi-currency revolving credit facility.
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Borregaard, the Norwegian timber-based chemicals firm, has agreed new bilateral multi-currency revolving credit facilities totalling Nkr1.5bn (€185m) with its three relationship banks.
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RBS has laid out plans for its European loans business, outlining the management structure working for head of loan markets and client management Dave Rome.
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Norma Group, the German engineering company specialising in pipe fixings and connectors, has agreed a €100m term loan and €50m revolving credit facility. It will use the money to pay back the rest of its bank loans signed in 2011, which were due in 2016.
