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Fifteen firms join syndicate as firm re-enters north America
Deal includes $1bn 3.75 year term loan
Ninety percent of book goes to long accounts as Reit issues for Manchester acquisition
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Developing countries face high debt repayments, just as donors reduce assistance -
Fewer new deals are pulling lenders' attention back to existing companies
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Additional reserves could be freed, enabling banks to scale up lending
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Private money is beginning to flow into development finance through a variety of risk sharing structures. But it is nearly always for loans to the private sector. MDB expert Chris Humphrey argues development banks wanting extra heft for sovereign lending will need to overcome — or sidestep — the issue of preferred creditor status
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International Court of Justice ruling clarifies World Bank Group's obligations
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