Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Promsvyazbank, the Russian privately owned bank, has requested proposals from lenders for a loan to replace $300m-equivalent of dollar and euro one year funding it signed in October last year.
-
Turkey’s VakıfBank has refinanced the $803m-equivalent one year dollar and euro loan it signed last year, adding to the wave of Turkish bank refinancings in recent weeks.
-
Allocations are out for Chailease International Financial Service Co’s $137m, three year loan. The international arm of Taiwan’s Chailease Finance had launched the facility at $120m but increased the borrowing after sufficient commitments came in. -
Albaraka Turk’s latest one year murabaha facility was two and half times subscribed with 17 banks involved, an official at the issuer told IFIS. The deal is likely the last of this year’s round of Turkish participation bank refinancing. But despite ample appetite for Turkish risk elevated loan costs are unlikely to drop next year, when refinancing will coincide with a general election, the official said.
-
Bahrain Steel has closed syndication of $340m of seven year loan facilities with banks.
-
Bank of America Merrill Lynch has lost a senior emerging markets DCM banker.
