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Deal liberates capital and tempts investors to take new frontier market risk
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Dutch-American materials firm Advanced Metallurgical Group has amended a $320m loan. The issuer also improved the terms of the deal, having made a commitment in 2011 to lower its leverage.
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Australia and New Zealand Bank has made an appointment to its loan syndications team in London.
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Qatar's Commercial Bank has signed a $166m loan from a group of Asian lenders, mostly Japanese, extending a trend of Middle Eastern borrowers heading east for cash.
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All eyes are on Turkey this week after the attempted coup in the country last weekend, but the wider CEEMEA market has continued to churn out bonds, demonstrating the asset class’s resilience to single-country events.
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The word of the week in corporate financing markets is Teva — except when it’s Softbank.
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A subsidiary of Malaysian upstream oil and gas company UMW Oil & Gas Corp has approached the syndicated loan market for a $150m fundraising.
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