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AfDB hopes to launch multi-issuer securitization this year
◆ French firm takes €700m with unrated deal ◆ Double digit concession needed ◆ Deal prices inside debut, but returns higher yield
Deal liberates capital and tempts investors to take new frontier market risk
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Fortum, the Finnish renewable energy firm, has signed a €1.75bn five year multi-currency revolving credit facility to refinance the deal it signed in July 2011. -
State Bank of India has allocated its latest $500m borrowing, finding demand from eight new lenders during syndication.
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China Minsheng Bank has added a new member to its loan syndications team in Hong Kong.
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Chinese taxi hailing service Didi Chuxing has raised an impressive $7.3bn from equity and debt investors, including $2.5bn through a syndicated loan.
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Credit markets showed their capacity to surprise this week, as a varied array of issuers, including high yield and emerging market companies, raised funds, even though a referendum that could lead to the first country leaving the European Union is only a week away, writes Jon Hay.
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Ethypharm — PPHE — Brait — Datwyler — Bonava — Sponda
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