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Emerging Market Loans

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  • Citi has picked global head of trade Ebru Pakcan to be its new head of EMEA emerging market coverage.
  • CEE
    Russia launched its first international bond of the year on Thursday, which some have labelled as a show of strength by the sanction-hit country. Market participants are now debating which investors will end up buying the trade.
  • Indonesian multi-finance companies are continuing to favour club loans over syndicated deals, with Federal International Finance becoming the latest firm to use this route for its fundraising. Pan Yue reports.
  • Freeport Indonesia is inviting banks to join the senior syndication stage of its $750m borrowing.
  • CEE
    Arçelik, the Turkish household appliance manufacturer that owns Beko and Grundig, is set to make its mark in the green bond market. The deal, some say, will be a test of investor appetite for Turkish corporate paper, which so far has been strong, despite the heightened volatility affecting the country in the first four months of the year.
  • SRI
    A landmark in global energy policy was reached on Tuesday when the International Energy Agency published its Net Zero by 2050 model, its first detailed attempt to set out how the energy industry could transition to net zero greenhouse gas emissions.