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First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
MDBs see financing regions and cities as a crucial growth area, since they handle much of social development but lack access to capital
Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
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Investec Bank launched a $300m two year term loan this week to refinance a three year facility signed in February 2015. The deal comes after Moody's downgraded South Africa's five biggest banks on Monday, following the sovereign downgrade last Friday. -
GCL-Poly Energy Holdings, which makes polysilicon and silicon wafers for solar power generation, has picked two lenders to arrange a $200m fresh money borrowing.
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International Finance Corp (IFC) and ANZ have launched a $150m fundraising for Indonesia Infrastructure Finance (IIF) into syndication.
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Agrokor has signed a new €400m facility with Knighthead Capital Management and Zagrebačka banka, UniCredit’s Croatian subsidiary, to enable it to keep operating.
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Indian lender IndusInd Bank has rolled out its first Taiwan-targeted syndicated loan via four mandated lead arrangers and bookrunners.
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AL Learning, an education company backed by private equity firm Advent International, has approached banks for a S$178m ($128.8m) loan through three mandated lead arrangers and bookrunners.
