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Former investment banker has been CFO of Verbund
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Shipping loans are already a problem asset class for many banks, but lenders are risking further problems by failing to do proper due diligence on how the shipping fleet will cope with decarbonisation, experts believe.
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Cerba Healthcare has scheduled the bank meeting for its much anticipated buyout loan package for Tuesday.
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Indonesian palm oil seller Royal Industries has failed to repay the first and second installments of a $405m loan raised in 2015, and has now proposed a restructuring.
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A Singapore-based banker who worked on south and southeast Asian loan syndications for Sumitomo Mitsui Banking Corp has left, according to a source.
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One big strength of the Schuldschein (SSD) market could become its weakness.
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The International Investment Bank (IIB), an ex-Soviet multilateral development agency, launched a Schuldschein (SSD) this week, in a transaction that highlighted the taste for the exotic in the internationalisation of the market. The loan is being promoted to the full spectrum of investors as market watchers wait to see who will bite, writes Silas Brown.
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