Projects & Infrastructure
Copper Rallies as Markets Price in US Infrastructure, China’s Growth
Copper has been one of the top-performers in commodities markets this month. While investors agree its value has overshot, they still expect to see demand strengthening relative to supply in the next five years.
21 Nov 2016
Will China’s CEE €10bn Fund Open Doors to Europe?
Several years of discussions between China and the Central and Eastern European (CEE) states has finally manifested itself into a concrete deal – an US$11.15bn investment fund for projects in the region. But will it create a pipeline for further Chinese investment?
8 Nov 2016
Road to Success: How Can Brazil Revive its Ailing Infrastructure?
Despite an infrastructure spree spurred on by the Olympics and World Cup, the country’s transport and logistics networks are still some of the weakest in emerging markets. With local and foreign banks squeezed by liquidity constraints and retreating into the shadows, where will the new government gather funds to finance its ambitious infrastructure development programme?
27 Oct 2016
CASE STUDY: Gazprom Neft Gets Ahead of Central Bank Action, Attracts Real Money with Local Bond Sale
As one of the higher quality names in Russia’s domestic market Gazprom Neft managed to attract strong demand for the company’s 30-year local currency notes from large institutional investors in Russia, and achieved the lowest coupon of any Russian corporate over the past 2.5 years.
24 Oct 2016
Trade finance gains traction in MENA
Low revenues from depressed oil prices will drive trade finance and pre-export finance across the MENA region. This will be particularly prominent in the energy and natural resources sector due to the large sums required by companies operating in this space.
6 Oct 2016
Without concessions, Africa goes local for funding needs
Many countries rely on concessional lending from the IMF and the World Bank, and for nations that are deemed ‘middle income status’ Eurobonds are a dominant funding vehicle. So why are African nations increasingly shunning Eurobonds for the local markets?
27 Sept 2016
GCC project finance sees potential in airports and renewables
With a significant pipeline of infrastructure developments – particularly within aviation and transportation – requiring funding at a time of pressured state finances, PPPs are increasingly being considered to share the burden of costs for the GCC states with the largest infrastructure pipelines according to a recently published Deloitte report.
13 Sept 2016
CFO View: Rodrigo Guzman, CFO, Mexichem - Extracting Capital from Commodities
Although Mexico’s economy is now less reliant on commodity prices than in the past, revenues from the sector do still make up a sizeable proportion of the country’s GDP. We speak to Rodrigo Guzman, CFO, Mexichem about the company’s future projects and funding opportunities for the petrochemicals sector amid the new economic realities.
12 Sept 2016
African PPP see disparities between SSA, East and West
The infrastructure deficit in Africa requires significant investment to reverse. PPPs are an effective method to bring in additional private capital to projects, but their use is relatively thinly spread across the continent.
7 Sept 2016
An External Perspective on Investing in Mexico
As one of the strongest countries in Latin America, Mexico is an attractive investment destination. The country’s geographic and economic proximity to the US brings benefits as well as concern. Jack Deino, Head of EM Corporate Credit, BlackRock discusses potentially lucrative investment opportunities as well as the risks investors will face going forward.
5 Sept 2016