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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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Danube Foods Group, the Serbian packaged foods company, has obtained commitments from banks on a €375m loan to back its buy-out by Mid Europa Partners.
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Kazakh firm KazTransGas has agreed a quick-fire $400m loan with banks.
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Ghana National Cocoa Board is back in the loan market for its annual pre-export finance facility and has requested proposals from banks.
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Secrecy is a natural facet of a private market like loans – but no good will come if denial continues even after deals have been signed.
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Danube Foods Group, the Serbian packaged foods company, has obtained commitments from banks on a €375m loan to back its buy-out by Mid Europa Partners.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.