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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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◆ Pause clauses could add to disaster arsenal ◆ KfW CEO Stefan Wintels on bond digitisation ◆ What ESG backlash? Banks ramp up green bond issuance -
Corporate issuance from the country in 2025 is at record volumes
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The necessity of clauses that help developing countries recover from catastrophes is getting more acute
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Climate-resilient debt clauses exist, but a group is working to roll them out to more emerging market sovereigns
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Demand for the Turkish bank's deal was about three times the issue size
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The country finished international funding this week with a €2bn trade
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
