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Divisions deepen over multilateral development banks’ climate commitments
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
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The £920m loan for Steinhoff’s bid for Darty remains in place, although the South African firm has been outbid by French retailer Fnac. -
Standard Chartered has picked a new head of syndicated loans for Africa, after moving its syndicated loans unit into its corporate finance division.
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Indonesian company Sarana Multi Infrastruktur has approached retail participants for a $175m bullet loan to refinance debt.
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Law firm Clifford Chance has made several senior appointments in Asia Pacific in a bid to strengthen its businesses in the region.
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The Asia Pacific loan syndicate team at Société Générale is seeing changes at the top with the current head of the division relocating to Europe.
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China's growing presence in Africa is nothing new. But Asian banks are finally coming to the continent's loan market with big tickets and this is not the time for other lenders to sit on their hands.
