Norilsk Nickel to be litmus test for EM loans
The news from this week’s European summit in Brussels was welcomed by EM loans bankers but they said it will not solve the banking problems that have affected liquidity in their market. And just how deep those problems go will be measured by the success or failure of one deal — an underwritten $1.5bn five year pre-export financing facility for Russian metals credit Norilsk Nickel.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
