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The UK’s Gemcorp has given a $250m loan to the Zimbabwe sovereign to help the country buy essential goods, as low dollar liquidity puts the squeeze on importers. -
Chinese property companies that have been relying heavily on the country’s banks for their offshore loans should beware. The mainland bank lending tap may not be open for too long.
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China National Building Material (CNBM) is considering changing the guarantor of its $160m debut offshore borrowing in a bid to cut pricing.
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Saudi Arabia’s sovereign wealth fund has got markets buzzing after announcing that its $11bn loan signed earlier this month is the first step of its capital markets funding programme.
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African Export-Import Bank (Afreximbank) has for the first time turned exclusively to the Korean banking market to sign a $150m club loan.
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China’s O-film Tech is tapping offshore lenders for the first time for a $100m term loan, hitting the market amid escalating tensions between the US and China.
