Sole arranger BBVA signed a US$300mn buyer's credit facility with the Indian Oil Corporation (IOC) in August 2007, setting a benchmark for future transactions with the borrower. The deal was the first bilateral facility to date to be closed between IOC...
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The endless arguments about why Africa is not trading within Africa are wearing thin. It is time for a coherent action plan to be drawn up, says GTR editor, Rebecca Spong.