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Deal multiple times oversubscribed as investors buy into electrification and AI story
Deal comes after bank built M&A matchmaking system using AI and invested in BlockInvest
Deutsche enters banking syndicate, ING and Commerz sit out of fresh transaction
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The chief operating officer of M&A and telecoms, media and technology at Credit Suisse’s investment bank has left for a fundraising advisory firm. -
The top lending group for a dual-tranche borrowing by Vedanta Group has shrunk after one bank dropped out of the syndicate to tie up its portion of the financing bilaterally.
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Indian lender Axis Bank has promoted its international loan syndications head to lead the operation globally, according to sources.
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India’s Power Finance Corp, which reached out to overseas lenders last month for a $100m-equivalent 10 year borrowing in euros, has failed to attract bids from banks, according to sources.
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Emerging market loans bankers felt positive about the first round of French presidential election results on Monday but cautioned that they expect little immediate reaction in their sector.
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Moody’s has appointed former a Lloyd’s banker to its EMEA relationship management team.
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