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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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Oman Oil wants to refinance the $1bn tranche from a $1.85bn loan it took out in 2014, adding to the company’s much wider financing plan, according to a banker on the deal.
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The Croatian financial services supervisory agency, Hanfa, has suspended trading in the shares of eight of Agrokor’s subsidiaries until it appoints a new auditor to look over its 2016 accounts.
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Chinese company Avic Leasing has hit the loan market for a $150m fresh money loan with one bank at the helm.
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Croatian oil company Industrija Nafte, INA, has managed to prolong a $300m revolving credit facility by a year despite the default of the country’s largest private company, Agrokor.
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Hong Kong-listed Logan Property has sealed a $150m three year loan from three banks, and will use the money to repay debt.
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A $120.6m borrowing to support an acquisition by Indian company Tata AutoComp Systems was signed this week, with 16 lenders joining the two mandated lead arrangers and bookrunners.