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First development bank securitization to include senior triple-A notes
Mining merger rewards patient followers of this industry
Global head of funding Andrea Dore on this week's sterling and dollar transactions
◆ IDA prints 'rare seven year' and gets big demand ◆ IDA premium debated ◆ KfW targets 'popular' short end
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Europe’s bevy of recovery lending packages is undoubtedly a welcome gesture, but it may remain just that — a gesture. If trends continue as they are, some countries may prefer market lending to concessional loans from Europe.
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Soltec Power Holding, the Spanish maker of solar trackers for renewable energy generation, has narrowed the price range for its IPO on the Spanish Stock Exchange, after the deal was covered shortly after the launch of bookbuilding earlier this week.
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Scatec Solar, the Norwegian solar energy company, raised Nkr4.75bn ($512m) through an equity placing on Tuesday night. The sale was for 15% of the company’s share capital — 5% more than it was allowed to issue through a non-preemptive placing. It made up the balance by borrowing shares from its largest shareholder.
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Investors wanting to make a social impact with their money are often caught between two pitfalls. Targeted social investments can seem too risky and off the beaten track — but safer alternatives have little additionality.
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Intesa Sanpaolo has issued a €2bn risk transfer securitization to help fund Italian SMEs, boosted by an investment from the EIB and the EIF.
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ReNew Power, an Indian solar and wind power producer, is looking to the US for a potential IPO, according to a source familiar with the matter.