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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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World Bank online dashboard helps countries evaluate targets
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Macau casino operator SJM Holdings is in talks with lenders for covenant waivers on a HK$25bn ($3.2bn) facility, as it faces delays over opening a new resort in Asia’s gambling hub. -
Chinese conglomerate HNA Group has missed yet another payment, this time of $750m, on a loan it raised in 2016 to acquire Ingram Micro, a US information technology and products distributor.
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Melco Resorts & Entertainment has closed a HK$14.85bn ($1.9bn) revolving credit facility to refinance an old borrowing maturing this June.
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The New Development Bank has approved a $1bn emergency loan to India, to help the country contain the impact of the Covid-19 coronavirus.
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Cambodian micro finance company Amret has closed its debut loan after attracting six participants during syndication.
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The Loan Market Association (LMA) has set guidelines to clarify how borrowers and banks should implement green and sustainability linked loans.
