Fears of quiet September for loans and bonds
Emerging market lending appears to be continuing unhindered for the moment, with deals wrapping up for Russian oil credits TNK-BP and Slavneft. But loans bankers are worried that potential deals for September and beyond will not emerge if market volatility continues. Bond syndicate bankers are also unsure whether September will bring the usual rush of EM deals. Many say that issuers are so well funded that they can afford to wait.
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