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Former investment banker has been CFO of Verbund
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HSBC has appointed Arsalaan Ahmed to helm its Malaysian Islamic banking operations, the bank said in a statement. -
British American Tobacco has said it will use new credit lines to fund the $20bn cash component of its offer to acquire the remaining stake in Reynolds American it does not already own. While BAT said it is committed to an investment grade rating, all three big rating agencies now have it on review.
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BMI Healthcare, the operating arm of General Healthcare Group, added a loan package to the run of sterling issuance in the European leveraged finance market of late.
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Ahlsell, the Swedish plumbing and electrical products distributor, has signed a post-IPO loan with Danske Bank, DNB, Nordea and SEB.
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Electronic trading firm Ion Trading has tapped its term loan signed in August by subsidiary Wall Street Systems for €130m, as the latter acquires fellow fintech firm Reval.
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Several loans from Omani credits are being tipped to be launched this year, but, after several large deals, some bankers have concerns that lending appetite is waning.
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