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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
Divisions deepen over multilateral development banks’ climate commitments
Deal rules and slow primary market make ramping up deals difficult
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Sustainability targets will be added to facility within 12 months
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New roadmap to guide financial players on how to tackle complex, fragmented sector
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After only three years away, Ermotti is back and may need a big hitter to handle combined investment bank
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€150m SSD shows the market's internationalisation and leaning towards sustainability
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Tech will allow banks to integrate pricing into their own platforms
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Slightly more activity is expected in levfin, but no new money deals are on the horizon
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