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Growing company gets new bank lenders and equity investors
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
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States will need to work out how to service the debt
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Issuer planning $3bn more, but no new debt due despite bankers’ hopes
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Interest in renewables could bloom, but many investors remain cold on new fossil fuel projects
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Major US firms will not bid for BNY Mellon’s $43bn credit manager
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Billions tied up at major arrangers of Russian syndicated loans
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Development bank also exploring funding package for Ukraine
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