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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
Divisions deepen over multilateral development banks’ climate commitments
Deal rules and slow primary market make ramping up deals difficult
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SG hires UK global markets head — Former financials bankers look to create bond platform — Credit Suisse hires for securitization sales
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A number of important bankers have quit Barclays. The exodus follows the departure of Tim Throsby, chief executive of Barclays International and Barclays Bank, and staff receiving their annual bonuses.
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The acquisition debt for Ifco, the spinout plastic boxing business of Australian logistics firm Brambles, will come inside the 400bp barrier some market participants see as crucial to bringing in CLO demand.
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ICG has hired Zeina Bain, a former managing director from Carlyle’s European buyout team. Bain is joining ICG’s European subordinated debt and equity team.
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SSE joins mass switch to ESG loans - Berry boosts banking group for RPC buyout - Fiat Chrysler amends revolver amid loan market resurgence - Spanish wind financing gets S&P’s highest green praise - Acciona wins bumper demand for ESG loan
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Young and Co’s Brewery, the owner and operator of roughly 220 pubs in London and the south east of England, has entered the US private placement market.
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