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Five year bond set to be priced much tighter than the development bank's last senior issue
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
Investors were eager to tender their bonds despite initial resistance
Increased investor interest in utilities hybrids could bring down subordination premium, says SSE treasurer
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◆ 'First window' for 10 year dollar supply ◆ Deal over twice covered ◆ Pricing tightens 2bp
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Deal comes as lenders say demand for project finance is growing
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Syndicate veteran returns as special adviser
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The development bank had to pause plans for the original trade in 2022
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Lenders say project finance economics are working once more
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Lenders predict big demand for project finance this year