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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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New group to help clients go low carbon
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The undrawn facility can be converted across euros and dollars to ensure flexibility
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With the traditional investor base taking a step back this year, a return could result in consecutive record issuance
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Market participants have three more days to add to votes or finalise them
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Deal will cut Liberty Media-owned car racing group’s debt by $500m
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Soap company shows commitment to sustainability with 'unique' refinancing
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