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Thai Beverage Public Co has enlisted the help of three banks for a 12-month bridge facility to support its acquisition of a stake in Vietnamese brewer Saigon Beer Alcohol Beverage Corp (Sabeco), said sources close to the trade. -
International Finance Corp has joined forces with Goldman Sachs to extend a $110m syndicated loan to Vietnam’s An Binh Commercial Joint Stock Bank, a portion of which will be used to provide loans to women-owned enterprises in the country.
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How the Schuldschein market reacts when a borrower has payment difficulties has been a perennial question since the instrument reached a global audience. The revelations about possible false accounting at Steinhoff are likely to prove one of the market's biggest tests yet.
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Ak Finansal Kiralama (Aklease), Akbank’s leasing subsidiary, has signed a $110m syndicated loan to fund renewable energy projects.
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China is to launch its first national carbon trading scheme, a move that could ultimately bring closer the introduction of a global, interconnected carbon market. But experts said the scope and impact of the scheme would be limited at first.
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Steinhoff International’s shares jolted downwards again today as it met its banks in London, seeking their support to get through the difficulties caused by apparent false accounting.
