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Former investment banker has been CFO of Verbund
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Dubai’s luxury hotel chain Jumeirah Group has signed a syndicated loan for around $1.4bn to refinance a facility taken out in 2013, according to a banker on the deal. -
Kia Motors has approached lenders for a financing to support the construction of a production plant in India that was announced late last month.
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ANZ has named Gavin Chappell as the head of loan syndications for Australia, poaching him from Westpac.
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Avaloq, a Swiss fintech firm, has launched Sfr410m-equivalent of loan facilities, backing Warburg Pincus’s 35% investment in it, which values it at over Sfr1bn.
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Chinese mobile phone maker Xiaomi, which sounded out lenders to refinance a syndicated loan raised in 2014, has sent out terms for the new facility to retail banks.
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Some of the UK’s major borrowers, especially in the utility sector, are preparing for a future without European Investment Bank funding, as the supranational’s lending in the UK is set to be caught up in fraught Brexit negotiations.
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