Top section
Top section
◆ UAE issuers leave emerging markets lable behind ◆ What Blue Owl can teach about private credit for the masses ◆ A bump in the road for UK bridging lenders on the way to securitization
Liquidity event at American manager comes at fraught time for industry
Investment bank, like the group, wants to diversify outside France, and will lead with its strongest suit, real assets
More articles
More articles
More articles
-
There is every reason to be sceptical of the UK’s plan for a national infrastructure bank. Infrastructure is hard to finance because governments are unreliable. Combining hard assets expected to pay back over 30 years with democratic governments that change course every few makes private investors reluctant to treat long-term infra projects as a pure matter of credit risk.
-
The first move has been made to consolidate the alphabet soup of industry bodies that try to raise standards in corporate reporting on environmental, social and governance issues — an essential feedstock for responsible investing. More mergers are likely as the private sector races to strengthen its influence before regulators take control.
-
Mercuria and Gunvor, the Swiss commodity and energy trading firms, have signed credit facilities for their US businesses, with both companies adding more banks to the deals.
-
MUFG is overhauling personnel and its business model to try to escape a cycle of low returns, writes David Rothnie.
-
Turkish lender Garanti Bank has raised a syndicated loan, as the country’s top-tier banks continue securing funding at competitive rates.
-
Moody’s has issued a stark warning on the precarious position of corporates if there is another mass outbreak of Covid-19 that slows economic recovery. But senior lenders say the syndicated loan market is once again ready to provide liquidity at short notice.
Sub-sections