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Former investment banker has been CFO of Verbund
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Singaporean property company UOL Group has raised a $120m green loan that will help fund the transformation of one of its hotels into a green building. -
Frankfurt Trade Fair, the events organiser and world’s largest trade fair, is looking to issue Schuldscheine, according to market sources, for the first time in its 800 year history. The events industry has suffered through the pandemic, as organisers have had to postpone or cancel conferences, or reproduce them digitally, as a result of lockdowns.
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Junk-rated South Africa has found some relief from its ballooning fiscal deficit through multilateral institutions, which are helping prop up its battered economy. Though the government has supported domestic lenders, there may yet be opportunities for them to enter international markets, some believe.
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Volotea, the Spanish budget airline, has signed a €150m syndicated loan backed by the state, as the Covid-19 battered aviation industry struggles to get going again after a series of devastating blows.
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Yorkie Wong, head of investment banking at Shanghai Pudong Development Bank, has left the firm.
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China’s Belle International Holdings has returned to the loans market to refinance some of its debt, but has opted for a club loan this time around in a bid to cut costs associated with underwriting.
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