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At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
Six tranche loan attracts record demand
Bonds of energy importers have sold off, but investors convinced fundamentals are still strong
New methodology follows headroom created by S&P revision last year
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Nestle — Ted Baker — PTA — Afreximbank — PTA — Qartli Windfarm — Bahrain Credit
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Ojer Telekomunikasyon (Otas), the majority owner of Turk Telekom, failed to make a $290m payment on a $4.75bn loan which was signed in September 2013, according to a news report on Wednesday. But two bankers were quick to say that Otas's fate was not indicative of all Turkish borrowers. -
The Green Climate Fund, set up by the United Nations as a channel for money to help developing countries fight and cope with climate change, has chosen a new executive director.
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African Export-Import Bank is close to announcing the lead banks in its $750m loan, in a deal which will have a large top tier, according to one banker.
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The expected closing date of a loan to finance a 379 mile transmission line in Chile has been pushed back as negotiations over interest rate swap provisions continue.
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Three European socially responsible investment (SRI) funds have participated in a $22m loan, backed by the EBRD, to build Georgia’s first wind farm.
