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EM debt investors had largely expected a debt treatment would be required
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
Underwriting left unused after deal is 33% oversubscribed
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The Islamic Development Bank has agreed to two financing arrangements with Burkina Faso for a total of $121m.
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Loans bankers are waiting by their phones for the call from Abu Dhabi telecoms firm Etisalat to finalise a loan of up to $6bn, after it announced on Monday evening that it had signed an agreement to buy 53% of Maroc Telecom from Vivendi.
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Investec's largest ever faciltiy — Naspers' A&E due soon — Zambia downgrade won't hurt deal — Uralkali takes first ECA-backed loan — Petra gets third Sberbank funding — Türk Telekom calls China — Jumeirah finally signs
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South African media group Naspers should sign its $2bn loan amendment and extension this week.
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Emerging market loans bankers considering coming into Zambia's $250m syndicated loan have brushed aside the sovereign's downgrade by Fitch Ratings.
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South Africa's Investec Bank has signed an oversubscribed $1bn dual tranche loan, its largest ever.