Top section
Top section
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
More articles
More articles
More articles
-
Isabel Martin Vazquez, a former supranational, sovereign and agency and emerging markets debt capital markets banker at Barclays, has joined Spanish advisory firm Didendum as a partner, to lead an expansion of its business from London. -
The focus of leveraged finance has shifted from outbound Chinese acquisitions to intra-Asia deals this year, according to speakers at the Asia Pacific Loan Market Association’s annual conference in Singapore this week. Although many bankers are seeing opportunities in India and Indonesia, they say that with less overall supply, companies are pushing for lower pricing and looser covenants.
-
US investment research firm Morningstar has agreed to buy credit ratings agency DBRS for $669m, in a move that will expand its business in this area beyond the US. The deal will be partially backed by a new bank credit facility.
-
Brussels Airport has issued a €500m US private placement in three tenors in a “blowout transaction”, according to market sources.
-
Switzerland’s Sucafina has renewed its $300m syndicated loan, with all 11 banks that lent to the coffee trader’s debut in 2017 rejoining the deal as bankers say there is still not enough business to go around.
-
US firm Auramet has increased its syndicated loan to $190m, with the precious metals trader adding to its lending group for an oversubscribed deal.
Sub-sections
