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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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Moody's predicts recovery from this year’s low
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Project intended to increase supply of copper and cobalt for the energy transition
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Lenders want to close emerging markets syndications before Christmas
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Loan will refinance debt and finance acquisitions, including Camelot
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Deal including bilateral loan will extend debt maturities
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Next year could be tough if direct lenders are not as enthusiastic as in 2022
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