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ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
Divisions deepen over multilateral development banks’ climate commitments
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Philippine lender China Banking Corp (Chinabank) has launched its $150m three year bullet into general syndication after a senior phase during which two banks came in as mandated lead arrangers. -
Société Générale is stepping up its efforts in the Middle East by establishing a structured finance platform in Dubai.
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China Steel Corp hunts for $400m — AerCap holds bank meeting — Air India picks two — Indomobil gets three
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The deadline for banks to submit proposals for a jumbo Kuwait National Petroleum Co loan passed on Sunday, say bankers looking at the deal.
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Turkish banks' first annual refinancing round continues, with ING Turkey seeking to close a loan as early as Wednesday, while Alternatif Bank is also lining up.
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Breakthroughs are being made in the emerging bond markets on both sides of the Atlantic this week.
