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Deal liberates capital and tempts investors to take new frontier market risk
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Stanbic Bank Uganda, a unit of South Africa’s Standard Bank, is refinancing an $85m loan signed last year for a smaller one, according to one banker on the deal.
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Malaysia’s Sime Darby is injecting its Australian properties into Singapore-listed Saizen Real Estate Investment Trust via a reverse takeover in exchange for new units and cash raised from bank debt.
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Dutch telecoms firm Ziggo made a bumper increase to its $1.6bn refinancing earlier this week, more than doubling the size of the loans offered and stunning some investors.
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After a busy year of loan financing, investment manager Foresight Solar Fund is ready to make acquisitions, after under-performing in the first half of the year.
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A $3.5bn dual-tranche borrowing to back Tencent Holdings' acquisition of an up to 76.9% stake in Supercell has gone into general syndication.
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The Eastern and Southern African Trade and Development Bank (PTA) is preparing to refinance a $320m credit line and is in the process of choosing banks to lead the deal.
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