Emerging Markets

  • NLMK joins Russian trend for sustainability-linked loans

    NLMK joins Russian trend for sustainability-linked loans

    Novolipetsk Steel, one of Russia’s largest steel producers, has amended an existing loan to include sustainability-linked pricing. The deal is the latest in a string of green financings in the sanction-laden country.

  • Sovereigns come to play in CEEMEA primary bond market

    CEEMEA and Lat Am investors and analysts are being kept busy by heavy primary market activity this week — which has been notable for the entrance of big sovereign trades, though there has been plentiful activity across asset classes. But a recent rate cut in Turkey and the outbreak of a Sars-like virus in Asia are also drawing attention.

  • BFI Finance returns for $75m loan

    BFI Finance returns for $75m loan

    BFI Finance Indonesia, which provides funding for automobiles, heavy equipment and properties, has returned to the loan market for a $75m borrowing.

  • DAE takes $300m in Chinese loan deal

    DAE takes $300m in Chinese loan deal

    Frequent syndicated loan borrower and United Arab Emirates-based aircraft lessor Dubai Aerospace Enterprise has raised a $300m term loan with Chinese banks.

  • Norilsk Nickel to refi with tighter margins

    Norilsk Nickel to refi with tighter margins

    Norilsk Nickel, the Russian nickel and palladium producer, is refinancing an existing $2.5bn facility. According to bankers, the new deal will have tighter margins than the original deal, which boasted the slimmest margins of any Russian syndicated loan in 2017. Some bankers are calling this the busiest January they have seen for years in the Russian market.

  • Central bankers face up to ‘powerless’ future of climate-induced crisis

    Central bankers face up to ‘powerless’ future of climate-induced crisis

    A research paper published on Monday by the Bank for International Settlements sets out how grave the peril of climate change is. It asserts the necessity of central banks grasping this problem as central to their responsibilities — but also admits that they will be unable to “preserve financial stability in the age of climate change”.

Emerging markets loans news archive