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Hatzinger had been Agricole's head of loans for Dach
Banks ready to do deals but wiser to wait
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Icelandair, Iceland’s flag carrier airline, got approval on Friday from the European Economic Area’s watchdog for a state loan guarantee, paving the way for it to raise $247m-equivalent of loan and equity financing. -
Property company HongKong Land has converted a HK$1bn ($129m) revolving credit facility received from DBS this February into a sustainability-linked loan.
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A $600m loan to support Baring Private Equity Asia’s take-private of Indian software firm Hexaware Technologies has been launched into general syndication, with three banks joining at the top level.
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Singapore’s agribusiness company Wilmar International has raised a S$200m ($146m) bilateral loan from DBS using the country’s new interest rate benchmark.
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Oil and gas companies are facing the daunting prospect of the world weaning itself off fossil fuels. And this is sparking intense discussions with banks and investors, as these businesses consider how to preserve their access to capital markets.
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JP Morgan’s new Development Finance Institution (DFI) has been racking up its deal count during the coronavirus crisis. Its aim is to bring transparency and more investment to development finance in emerging markets, but some experts are doubtful about the project.
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