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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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A subsidiary of Indonesian textile company Duniatex missed an interest payment on a $260m syndicated loan last week, causing the bond price of its sister company to collapse and bankers to wonder about the wider health of the sector. Pan Yue reports.
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Dubai-headquartered international education provider GEMS Education is seeking a $1.85bn debt package to support CVC Capital Partners taking a minority stake in the company.
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Harmony Gold, a South African gold mining company, is in the market to raise $400m to refinance existing debt. The deal is being led by domestic lenders Absa Bank and Nedbank, according to bankers.
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HSBC China has appointed Zuocheng Ding as head of loan origination, according to a source close to the situation.
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Hong Kong’s Citychamp Watch & Jewellery Group has closed a $150m term loan with five lenders.
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Oman-based Octal, a leading producer of plastic packaging, has raised loans to the value of $625m from a range of local and international lenders