LONDON, May 17 (LPC) - Lenders to UK engineering group
Doncasters are in the process of appointing debt restructuring
advisers as the company struggles with its circa £800m debt
load, several sources close to the situation said.
LONDON (LPC) - Oil and gas giant Saudi Aramco is having preliminary talks with banks about a potential debt financing of up to US$70bn to back its acquisition of a majority stake in Saudi petrochemical firm Sabic, banking sources said on Wednesday.
LONDON, Sept 4 (LPC) - Saudi Arabia’s sovereign wealth fund,
Public Investment Fund (PIF), is set to sign a US$11bn
syndicated loan next week, according to bankers close to the
deal, which will help to fund the kingdom's economic
LONDON, Sept 3 (LPC) - Turkey's Akbank is
expecting to sign a loan refinancing in late September, as
Turkey’s deepening financial crisis hampers banks' attempts to
refinance US$6.4bn of syndicated loans before the end of the
LONDON, Aug 23 (LPC) - Turkish banks' secondary loan prices
have hit their lowest point since early 2012, further
complicating their efforts to refinance billions of dollars of
loans as the country's financial crisis shows no signs of
MOSCOW/LONDON Russia's Gazprom suspended its external borrowing program earlier this year because of a deepening legal dispute with Ukraine's Naftogaz over gas supplies, three banking sources told Reuters.
LONDON (LPC) - Bankers are discussing a potential jumbo financing of up to US$70bn to back oil giant Saudi Aramco’s acquisition of a majority stake in Saudi Arabia Basic Industries Corp (Sabic) .
LONDON (LPC) - Troubled retailer Steinhoff said it is seeking a further three week standstill from creditors on its debt obligations as a financial restructuring nears agreement.
LONDON, June 27 (LPC) - Troubled retailer Steinhoff
is set to announce a further three week standstill from
creditors on its debt obligations on Wednesday, as a financial
restructuring nears agreement, according to sources close to the
LONDON (LPC) - Banks are set to take majority control of Turk Telekom in a debt restructuring that will see them take over Turkish holding company Otas, which owns a 55% stake in Turk Telekom, banking sources said on Wednesday.