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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
World Bank online dashboard helps countries evaluate targets
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Ethiopia’s finance minister, Ahmed Shide, tells GlobalMarkets that Ethiopia is preparing to open up to the world and plans to establish the country as a gateway for Africa
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National Thermal Power Corp has sent out a request for proposals for an up to $300m-equivalent term loan.
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Vietnamese conglomerate Vingroup Joint Stock Company and its automobile subsidiary VinFast have returned to the loan market, seeking a total of $500m in senior syndication.
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Agriculture company Olam International has closed its $1.525bn club deal with 19 lenders.
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Costa Rica is planning to tap international investors for the first time, seeking $4.5bn. But investors are worried about its economy, especially its fiscal deficit. The central bank governor tells GlobalMarkets the state is on track for a primary surplus in four years, but investors see risks.
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Mann+Hummel struggles in Schuldschein market amid splurge in auto trades — Bureau Veritas returns to USPP market — Seplat turns to loans for Eland buy — Endava swaps to syndicated sterling borrowing — Bravida refis revolver, eyes more buys