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Former investment banker has been CFO of Verbund
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Maikun Investment Co, part of Beijing Automotive Group (BAIC), has switched the currency on its $290m financing to euros midway through syndication. -
Ecom, the Swiss commodities trader, has sealed a $500m one year revolver after banks piled in, helping it raise $100m more than planned.
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A glimpse of the future has arrived with the publication of a report modelling the credit risk banks face from drought. The effect on loan portfolios could be severe — and the research illustrates the new kinds of risk management banks will have to do as the world’s climate becomes more volatile.
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CMB Financial Leasing is in the market for a $350m bullet that launched via three leads on Thursday, according to a banker arranging the deal.
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Rural Electrification Corp chose not to exercise the greenshoe option on its $230m five year borrowing, resulting in a huge scaleback for many of its lenders.
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China Huiyuan Juice Group aims to bump up its latest borrowing to €280m after raising a larger than expected €160m last month.
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