Ma'aden looks for refinancing – Turkish treasury sees 3x oversubscription on debt sale – Moody’s: Reform delays to hamper South African growth – foreign banks in Kenya see strong growth – Mexico’s CAT bonds could be triggered by earthquake, tsunami – Argentina’s Loma Negra to seek NYC, BA listing – India plans to sell Air India stake – China’s CEFC to buy huge stake in Rosneft – Russian Railways set to hit the road for CHF issuance
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As Turkey braces for the economic impact of the COVID-19 crisis, the banking sector looks likely to be called to play a larger role in facilitating the government’s stimulus plans. But despite a recent spike in NPLs and foreign exchange pressures, the risks to the country’s banks appear manageable, according to a recent report by Oleksiy Soroka, Senior High Yield Credit Strategist at ING.
May 22, 2020
International investors have fled Brazil’s capital markets to the tune of USD22.2bn in March, according to data from Itau, the largest monthly outflow on record.
Apr 28, 2020
But some of the momentum will be lost over the coming weeks as the impact of the global slowdown in trade and economic activity resonates through Latin America, Itau analysis indicates.
Mar 17, 2020
Atlas Renewable Energy sold a USD253mn private placement in US markets this week to refinance debt linked to two solar PV power plants in Chile, the largest US solar green private placement out of Latin America to date.
Mar 4, 2020