BRIEF-Boyuan Holdings announces acquisition of lifestyle living communities
* Announces acquisition of NSW of Lifestyle Living communities for $63 million Source text for Eikon: Further company coverage:
DUBAI May 8 Oman Investment Fund said on Monday it had closed the syndication of $600 million of conventional and Islamic finance loan facilities for its wholly owned subsidiary United Telecommunication Limited (UTL).
The proceeds will be used for the acquisition of a 51 percent stake in Omantel.
The facilities, which were raised by UTL, have a 5.25 year tenor, and are divided between a $450 million conventional loan and a $150 million Islamic loan.
Citi was the initial underwriter of the loan. It was subsequently joined by Banca IMI/Intesa Sanpaolo, Kuwait Finance House and National Bank of Abu Dhabi as underwriters and bookrunners. (Reporting by Davide Barbuscia; editing by Alexander Smith)
* Board of directors accepted resignation of Frederic C. Dybuncio as president/CEO of PLC
SYDNEY, June 23 Australian Prime Minister Malcolm Turnbull on Friday challenged a surprise decision by South Australia state to impose its own tax on banks, amid investor fears his federal government's bank levy could unleash a wave of new imposts on lenders.