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Funding follows National Wealth Fund investment
Twenty-two year $600m bond 3.5 times oversubscribed
Esoteric emerges as bankers are close to the end of their pipelines
◆ Gilt market wobbles again ahead of UK Budget ◆ Investors pile into highly rated credit ◆ Wise makes sterling bond debut
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Physical infrastructure, once seen as boring and ex-growth, has become one of the hottest areas for capital markets and M&A, and that is set to accelerate in 2026 -
‘Decent run’ for loan deals in Austria and CEE as IG names dominate deals in the pipeline for 2026
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◆ Pricing comes significantly through EU ◆ 'Surprising' French interest in book ◆ Fast money deterred by odd tenor
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MDBs see financing regions and cities as a crucial growth area, since they handle much of social development but lack access to capital
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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
