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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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Türk Ekonomi Bankası (TEB) and İşbank followed Akbank with successful loan refinancings, as Turkish banks pressed on with a robust but pricey refi season, amid the country’s economic and political difficulties. -
Tritax EuroBox has signed a €200m revolving credit facility, its first outing in the debt markets after the continental European arm of the UK’s large logistics warehouse investor was launched over the summer.
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Banks which lend to Russian companies are on tenterhooks to find out if their comatose market will shrink further if the US brings more sanctions against the country.
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Commercial Bank of Qatar is refinancing a $1bn loan signed in 2015, in one of the country’s first syndicated loan transactions since the Saudi Arabia-led boycott, which started in June 2017.
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The response to a refinancing loan for KKR-owned MMI International, a hard disk drive developer, has disappointed amid concerns around a Chinese consortium’s planned acquisition of the Singapore-based firm. What lies ahead for the borrower? Pan Yue finds out.
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Kelvin Lim has returned to DBS as an executive director in the syndicated finance team after 11 years with Citi.
