Emerging Markets

  • EBRD to turn half green, despite opposition from US

    EBRD to turn half green, despite opposition from US

    The European Bank for Reconstruction and Development’s board of directors has approved a proposal to accelerate its transition towards being a green bank, including devoting over 50% of its investments to the green economy by 2025. But it has deferred a decision on when the rest of its activities will be aligned with the Paris Agreement.

  • KKR’s Vinhomes loan faces pushback from Taiwan

    KKR’s Vinhomes loan faces pushback from Taiwan

    KKR and Credit Suisse are soft-sounding a loan that will support the private equity firm’s acquisition of a stake in Vinhomes Joint Stock Co. But several Taiwanese bankers said they would not commit to the deal before they see a resolution to problems at MMI International, another KKR-linked company.

  • Little hope as EM loan volumes plummet

    Little hope as EM loan volumes plummet

    Emerging market loan volumes dipped remarkably in the first half of the year as some borrowers retreated from the market entirely, while others tapped other asset classes for funding. To bankers' dismay, syndicated loan volumes are largely expected to remain low, though some show slightly more optimism.

  • PTPN seeks consent for debt restructuring

    PTPN seeks consent for debt restructuring

    Indonesia’s Perkebunan Nusantara III (PTPN) is seeking lenders’ go-ahead for a debt restructuring plan, after missing the principal payment on a $390.6m loan at the end of June.

  • Banks talk tough on Cocobod terms

    Banks talk tough on Cocobod terms

    Ghana Cocoa Board (Cocobod), which is in the market to refinance a one year $1.3bn loan facility signed in September, is facing troubles according to bankers on the deal, contrary to comments recently made by its chief executive.

  • Global warming temperature scores to radically simplify green investing

    Global warming temperature scores to radically simplify green investing

    CDP, the leading platform through which companies report their carbon emissions, has become the latest organisation to launch a potentially influential system of temperature ratings, so investors can work out how much global warming each company’s plans will theoretically lead to — and hence the overall temperature of a portfolio.

  • Amvig lights up new loan

    Amvig lights up new loan

    Cigarette packaging producer Amvig Holdings has made a rapid comeback to the loan market for a HK$1.35bn ($174m) borrowing.

Emerging markets loans news archive