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Strong appetite from international banks for first gigascale 24/7 solar plant
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
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Is it any coincidence that Russian president Vladimir Putin’s 11 day disappearance has coincided with reported sightings of new Russian loans? Loan Ranger thinks not.
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Hong Kong listed company Samson Paper, has wrapped up its 3.5 year fundraising at HK$728m ($93.74m), higher than its launch size of HK$500m.
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Decision Resources Group’s (DRG) $150m dual tranche loan has received a commitment from one lender.
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Indonesia’s largest wireless telecom company Telekomunikasi Selular is raising a $150m loan for capital expenditure purposes.
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A consortium of two Japanese banks and one Indian lender has funded a $400m loan to India’s Rural Electrification Corp on March 12.
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Russian potash producer Uralkali is in talks with international banks about getting a loan soon and a handful of other borrowers are also attempting deals.