Latest emerging markets loans news

• Żabka dividend recap to close imminently

  

  Polish convenience store operator Żabka Polska is expected to close its dividend recap imminently, according to market participants. Bankers have compared the deal to the dividend recap transaction that Polish e-commerce platform, Allegro, completed in May.

  • 22 Jul 2019

• ONGC eyes $500m loan to repay bonds

  

  India's Oil and Natural Gas Corp has launched a $500m loan into general syndication to pay back a bond maturing this year.

  • 22 Jul 2019

• Trafigura returns for annual dual-currency outing

  

  Singaporean commodities company Trafigura has returned to the loan market for its annual borrowing, seeking a smaller $1bn-equivalent as it tests the market's appetite for the deal.

  • 22 Jul 2019

• Citic loans banker jumps ship to SPDB

  

  China Citic International Bank’s Crystal So has joined Shanghai Pudong Development Bank to lead its loan syndication team, according to a source close to the move.

  • 22 Jul 2019

• Bank of America loses loans banker

  

  Loans banker Sherwin Wong has left Bank of America, according to a source close to the move.

  • 19 Jul 2019

• PLN opens $1bn loan into general

  

  Indonesian power company Perusahaan Listrik Negara has launched a $1bn five year deal into syndication, with bank meetings set to kick off at the end of the month.

  • 19 Jul 2019

• Loans in brief: July 19, 2019

  Acciona nabs €155m from green Schuldschein - Places for People seals €150m private placement - Germany’s Badenova sells Schuldschein - Pershing Square nabs $400m in bond private placement - Claranova debuts in euro PP market - Pension Insurance Corp puts £40m into Scottish housing association - Oman's Octal raises $625m for expansion

  • 18 Jul 2019

• Duniatex unit’s dollar default hurts lenders, crashes bonds

  

  A subsidiary of Indonesian textile company Duniatex missed an interest payment on a $260m syndicated loan last week, causing the bond price of its sister company to collapse and bankers to wonder about the wider health of the sector. Pan Yue reports.

  • 18 Jul 2019

• GEMS to raise $1.85bn package, preps for CVC acquisition

  

  Dubai-headquartered international education provider GEMS Education is seeking a $1.85bn debt package to support CVC Capital Partners taking a minority stake in the company.

  • 18 Jul 2019

• Harmony Gold goes digging for $400m refi

  

  Harmony Gold, a South African gold mining company, is in the market to raise $400m to refinance existing debt. The deal is being led by domestic lenders Absa Bank and Nedbank, according to bankers.

  • 18 Jul 2019

Emerging markets loans news archive