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Investors and techniques are ready for development banks to scale up securitization rapidly
AfDB hopes to launch multi-issuer securitization this year
Deal liberates capital and tempts investors to take new frontier market risk
At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
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Genting Hong Kong, a cruise ship operator under financial pressure due to the pandemic, held a meeting on Monday with its bank creditors to discuss a debt restructuring plan.
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Compart Systems, a high precision metal components maker, has returned to the loan market to refinance an old borrowing from 2016, which was used to support its buyout by Platinum Private Equity.
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Avic International Leasing Co has returned to the market for a $45m loan to support its purchase of two ships.
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M&G Real Estate Asia has received a W115bn ($96m) green loan from OCBC Bank to finance a green building in South Korea.
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China’s Zijin Mining Co has returned to the loan market for an $800m deal to refinance a borrowing used for its acquisition of Nevsun Resources.
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Is the southeast Asian loan market set for a revival? Early signs are positive as borders start to open up and Covid-19 infection cases stabilise, leading to more enquiry from borrowers.