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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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Akbank has signed a $1.2bn loan to refinance a loan from last year and achieved tighter pricing than on the previous facility.
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Saudi Arabia has had to scale back banks grappling to get on its $16bn loan, which will be used to refinance a $10bn loan taken out in 2016.
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Singaporean agricultural company Olam International has raised a three year sustainability-linked $500m revolving club loan, the first of its kind in Asia.
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Turkish participation banks Albaraka Türk and Vakif Katilim have kicked off the global syndication of two murabaha facilities.
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Lao Feng Xiang Jewellery Hong Kong has allocated its $200m debut loan among eight banks, with sole bookrunner ANZ keeping most of the facility on its books, according to sources.
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Kuwait’s Burgan Bank has signed a $350m loan with a club of seven relationship banks to refinance borrowing done in 2015.