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Emerging Market Loans

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  • CPF Investments, a unit of Thai firm Charoen Pokphand Foods, has returned to the loan market for a refinancing of up to $1bn.
  • Chailease International Finance is approaching a large group of banks for a new $250m loan. This is in a bid to attract lenders, as other units under its parent company have already tapped the offshore market three times this year.
  • Indonesian state-owned electricity company Perusahaan Listrik Negara has changed tack on its loan plans in a bid to seal thinly priced deals in a difficult market environment, writes Pan Yue.
  • Bank Rakyat Indonesia has opened a $1bn loan into general syndication with a group of 10 lenders at the helm.
  • SRI
    The European Bank for Reconstruction and Development is launching the second phase of its Green Economy Transition approach and hopes to help policymakers make the recovery from the coronavirus pandemic a green one. But critics say its plans are little more than “business as usual” and that even the activities it classes as green sometimes have weak environmental credentials.
  • Chinese car manufacturer Great Wall Motors has paid up for its return to the loan market for a $440m-equivalent dual-currency deal.