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Factors internal and external to the emerging markets are this week combining to stymie new issuance. -
Pacific Basin Shipping has closed a $325m revolving credit facility that attracted eight lenders.
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Ghana Coco Board (Cocobod) has closed the senior syndication of its $1.3bn one year annual pre-export finance facility, with a bank meeting due to be held on Monday, June 25.
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Singaporean commodities company Vitol Asia has attracted 19 participants to its one year revolving credit facility.
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South Africa’s Investec Bank is close to wrapping up the syndication process for a $300m three year loan.
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VPBank Finance, the consumer finance arm of state-owned Vietnam Prosperity Bank, has closed its loan at $185m with 13 participants joining during syndication.
