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Former investment banker has been CFO of Verbund
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Russia’s Norilsk Nickel has signed a $500m new money loan from five lenders, a deal which could set a precedent for Russian companies borrowing in the shadow of financial sanctions. However, tough operating conditions remain for the firm.
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After completing its first international bond issue earlier this year, Qatar’s Ahli Bank has also signed a $195m club loan — its second ever loan from international banks.
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Sri Lankan commercial lender Sampath Bank has wrapped up its latest fundraising at $100m, fully using a $50m greenshoe on the back of demand from Middle Eastern and Indian lenders.
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Seven banks subscribed to a $297m loan for Blackstone’s acquisition of Indian fintech firm Mphasis during general syndication. The deal was initially conceived as a $405m facility but the amount was reduced after an open offer.
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Axa Investment Managers has merged its alternative solutions and structured finance teams to form a single alternative credit offering as investors hunt harder than ever to find elusive yield.
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A former managing director at New York Life Investment Management in London has left his job to go back to study at university.
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