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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Head of capital markets and advisory leaves
Hire comes from Ares
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Ernst & Young has appointed a head of global private equity to replace Jeffrey Bunder, who has moved to a US private equity firm. -
Everyone in debt capital markets has heard of green bonds, and most in the financial world accept that sustainability and greenness are Good Things. But for all the grand commitments and PR initiatives, understanding of the issues is still as hazy as a Beijing smog.
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MEP Werke, a German rooftop solar panel company, launched the first tranche of a green debt issuance programme on Tuesday, taking a €30m green loan from Delta Lloyd Asset Management.
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Oman Oil and Bank Muscat are set to kick off a rash of loans in the sultanate in the coming months, with a number of state owned entities in discussion with lenders as the government looks to address a budget deficit.
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Dubai is close to picking banks for a $3bn loan to fund its airport expansion, according to loan officials, while flydubai is also in talks with banks. But discussion of a deal to back the emirate’s metro development plans are said to have “gone quiet” as the state seeks to avoid deal congestion.
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Société Générale has hired a senior banker from Bank of America Merrill Lynch to become its head of global banking, investor solutions, coverage and investment banking in Italy.
