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The deal maintains 2023's overall size but increases the RCF with one lender dropping out of syndicate
German corporate loan flow evaporates in third quarter thanks to lack of urgency and borrowers' desire for better terms
In the super-competitive race to fund the artificial intelligence boom, Morgan Stanley has led its rivals by innovating. Some of the structures could be heading to Europe
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First City Monument Bank (FCMB) has signed a $77m one year loan, the first international syndicated loan this year for a borrower in Nigeria, which has been struggling with a low oil price and political instability.
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As the Sultanate of Oman launched syndicated for its $1bn sovereign loan on Wednesday this week, Qatar is also in talks for as much as $10bn of loans. -
Russian miners Polymetal and Russian Copper Company (RCC) have dug up two commodity-backed loans which are likely the tail-end of a meagre performance from the Russian loan market this year.
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Ethypharm, the French pharmaceuticals company, has allocated €287.5m of new loan facilities at a wider margin than it initially proposed.
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South African media group Naspers has amended and extended a $2.25bn five year loan and increased it to $2.5bn.
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Azelis, the Antwerp-headquartered speciality chemicals distributor, will hold bank meetings in New York today (Friday) and in London on Monday for a $675m transatlantic acquisition loan.
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