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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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One Turkish bank expects a third of lenders to drop out of loans this autumn
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A prepayment agreement will save the UK software business up to $8m
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Irish energy company seeks $750m from bank consortium headed by Afreximbank
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Expected rollover rates in the latest Turkish bank loan refinancings suggest lenders are reducing their exposure
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The group says it expects to meet its reduced growth expectations but its share prices dropped again
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The Swiss lender has confirmed it will unwind operations in major emerging market countries but fate of individuals unclear
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