Saudi Arabia’s grand ambitions to create new large-scale residential, industrial, “shoppertainment” and other mixed-use developments could be a boon for the country’s – indeed the region’s – real estate developers, investors and financiers. But the sector’s potential has never looked so mixed.
Tasked with generating over USD26bn in new investment over five years, Argentina’s Public-Private Partnership programme has been hailed by international experts and bankers as world-leading in both structure and ambition. But as the country’s economy – and currency – continue to stumble, fresh questions are being raised about whether it will live up to expectations.
Neeraj Agrawal, Chief Financial Officer of Crescent Petroleum sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about the funding team's key priorities this year, and dislocations between risk and the perception of risk in the GCC.
A testament to solid investor relations, good governance and transparency, Albanesi was able to attract traditional portfolio managers to its latest dual-tranche A/B loan syndication, a rare project finance deal in the country’s power sector.
Alessandro Bitelli, Executive Vice President & Chief Financial Officer at Lundin Gold, a Canadian gold miner, talks about the company’s Latin American ventures, a USD300mn deal to finance a project in Ecuador, a further loan syndication and a USD400mn equity transaction, as well as broader market outlook and the impact of politics.
The Central Asian Republic saw 9x peak oversubscription and impressive yield tightening of nearly 900bp with its inaugural Eurobond transaction to source funds for the construction of the world’s tallest dam.
In advance of our Bonds, Loans & Sukuk East Africa 2018 conference and forthcoming special report on the region, Bonds & Loans visited the region to meet with a broad range of finance leaders in order to get a sense of the risks and opportunities on the horizon.
Bonds & Loans speaks with Aquiles Mercado González, Chief Financial Officer at Promigas, on its distribution subsidiary’s hugely successful local market bond transaction, new opportunities for growth, and the company’s innovative non-bank financing programme.
Just a few years ago, barely any debt capital markets investors would have paid much attention to regions like Central Asia and the CIS. Yet with overwhelming demand for sovereign notes issued by the likes of Belarus and Tajikistan, regular issues from Kazakhstan and a highly anticipated debut Eurobond from Uzbekistan, the region is putting itself on the EM fixed income map.
The first securitization sponsored by Mexico Tower Partners included a much-anticipated 5-year bullet repayment date (ARD) and marked the first wireless tower-backed securitization in Mexico. The structure allowed MTP to waive CNBV’s partial dependence requirement, repay the existing credit facility and keep the remaining proceeds from the issuance.
- SWOT Analysis: Projects, ECA and Structured Finance in MENA
- Latin America Deals of the Year Awards 2018: The Winners
- Upturn for Nigeria’s Debt Capital Markets Threated by Election Uncertainty, Rising Oil Price
- HSBC: If Sustainable Finance is to Really Work, Mainstreaming Needs to be the Priority in 2018
- Zimbabwe Recovery Huge Boon for Foreign Banks, Credit Markets – If Regulators Can Pull Off Reforms
15 Jun 2018