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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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Gunvor Singapore is set to make a comeback for its annual refinancing, this time sounding out its relationship banks for a $800m transaction.
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Leoch International Technology is in the market for a $150m fundraising that launched into general syndication via three mandated lead arrangers and bookrunners.
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China Orient Asset Management International Holdings is deciding whether to increase the size of its $300m loan after attracting a blowout response in syndication.
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Standard Chartered has created a new unit to house its private financial markets business, to bring more focus to its debt product structuring and distribution.
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India’s Rural Electrification Corp has extended the deadline for its latest request for proposals for a $200m syndicated facility by a week to next Monday.
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Aluminium Bahrain (Alba) has secured commitments for a $700m export credit facility to finance its Line 6 expansion project.