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Former investment banker has been CFO of Verbund
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Agrial, a French agricultural and food processing firm, turned to the Schuldschein market for a €150m loan last Friday, the latest international issuer to find cheap funds in the German market.
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International banks want quick answers from the Kenyan government on the status of its loan from Eastern and Southern African Trade and Development Bank (PTA Bank), which has threatened their bigger syndication for the sovereign just as the mandate is being finalised.
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RPC Group, the UK packaging company, is using a $750m loan package to back its $640m buyout of US plastic food-packaging company Letica.
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Unilabs, the Apax Partners-owned medical diagnostics firm, has agreed to buy Alpha Medical from Mid Europa Partners in what will be the largest healthcare deal in central Europe since 2008.
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Star Energy is borrowing $1.9bn via two facilities for its acquisition of Chevron’s assets in Indonesia, as strong early interest from banks revealed plenty of available liquidity for M&A into the country. Loans bankers expect more action from the export-oriented nation, following the recovery in commodity prices. Shruti Chaturvedi reports.
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Export Credit Bank of Turkey has followed Turkish peer Akbank into the loan market, launching the first of its semi-annual one year refinancings.
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