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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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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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Vedanta Resources has made a quick loan comeback for a $500m borrowing. -
Mexico’s central bank has finally taken a dovish turn to ease pressure on a languishing economy. Yet prudence in the face of structural changes continues to be the guiding light for Banxico, governor Alejandro Díaz de León tells GlobalMarkets
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Nigeria’s Seplat Petroleum is in advanced staged talks for an around £382m cash acquisition of London-listed Eland Oil & Gas, with the buyer partly financing the deal with a new loan.
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Turkey’s banks have begun their second refinancing season of the year, though increasing political uncertainty, which has led to new US sanctions on Turkey, could potentially jeopardise primary and secondary pricing levels for the borrowers, according to bankers.
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China Lesso Group has increased a four year borrowing to around $1.1bn, after attracting 16 lenders during syndication.
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BAC International Bank has returned to the loan market, seeking $100m from a global syndicate.
