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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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The Gulf region was active for loans this week, with Emirates National Oil Co (Enoc) and Qatar National Bank heading towards completion.
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IHS Holding, the Nigerian telecoms towers group, has closed an $800m or equivalent multi-draw term loan facility.
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Met Holding, a Swiss-headquartered energy trading company which is 40% owned by refiner Mol, has signed a debut loan with banks.
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Met Holding, a Swiss-headquartered energy trading company which is 40% owned by refiner Mol, has signed a debut loan with banks.
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India’s Reliance Utilities and Power is tapping the offshore market for a $225m seven year senior secured term loan. The deal, which is now in general syndication, has one bank as the lead.
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IHS Holding, the Nigerian telecoms towers group, has confirmed it has closed an $800m or equivalent multi-draw term loan facility.