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Emerging Market Loans

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Investors and techniques are ready for development banks to scale up securitization rapidly
SSA
AfDB hopes to launch multi-issuer securitization this year
SSA
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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  • Chinese sportswear company Anta Sports Products is in talks with its six-strong bank group, mulling the syndication strategy for a €2.2bn five year loan to support the acquisition of Finland’s Amer Sports Oyj.
  • UK-listed Ophir Energy has amended and extended its reserves-based lending facility, as a surge of end of year deals continue to work their way through the market.
  • Housing Development Finance Corp is taking the Samurai loan route for its second syndicated financing of the year.
  • ZOLA Electric, formerly Off Grid Electric, has raised a $32.5m credit facility with development bank, FMO, and investment firm, Symbiotics.
  • Anta Sports Products has mandated six banks for a €2.2bn loan to back the €4.6bn acquisition of Finnish sports brand Amer Sports Oyj.
  • Opec+, the oil producing countries’ cartel and their non-member oil producing allies, decided to cut oil production by 1.2m barrels a day, sending the Brent crude price up 5%. Market participants are evaluating the potential impacts on capital markets and international relations.