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AfDB hopes to launch multi-issuer securitization this year
◆ French firm takes €700m with unrated deal ◆ Double digit concession needed ◆ Deal prices inside debut, but returns higher yield
Deal liberates capital and tempts investors to take new frontier market risk
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Commerzbank’s corporate clients division will focus on small and medium-sized enterprises (SMEs) and cross-selling over pure growth, as it continues with its latest strategic plan.
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Private equity firms have found plenty of investment opportunities in India this year, with their focus on the country set to increase as the crisis around non-banking financial companies unfolds. This means that leveraged loans bankers are getting ready for more action, writes Pan Yue.
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Nedbank has closed a $500m term loan, while Investec has launched its own syndicated loan, indicating that despite concerns about South Africa’s ratings outlook, its borrowers maintain access to international syndicated loans.
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Fabianna Del Canto, who recently left Barclays, has joined agora, the capital markets fintech founded by fellow Barclays veteran Charlie Berman.
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Crédit Agricole has chosen a new global head of debt capital markets.
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Italo, the Italian high speed rail operator, has signed a €1.1bn green loan, in what tit says is the biggest ever product of that stripe in its home market and the largest ever in the transportation sector globally.
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