Oman's Bank Muscat signed a US$315mn three-year loan with Bank ABC, Citigroup, Credit Agricole, HSBC, National Bank of Abu Dhabi and Standard Chartered
Mozambique is heading for a default after missing a repayment deadline on a US$535mn loan
Axis Bank prices its US$500mn maiden green bonds at 160 bp over US Treasuries
Niger is to issue three-month CFA15bn (US$25.57mn) bond on 31 May
Banco Aliado closes US$59 million 3-year senior unsecured syndicated loan. Banco Latinoamericano de Comercio Exterior (Bladex) was the sole lead arranger
Greece reaches deal with IMF on debt relief programme, unlocking €10.3bn in bailout cash
Argentina's Central Bank blocks foreign investor access to all LEBAC notes in this week's auction
Turkey's Central Bank cut interest rates 9.5% from 10%, keeping its benchmark one-week repo rate steady at 7.5% and its overnight borrowing rate at 7.25%
The Central Bank of Nigeria announced a shift to a flexible exchange rate regime, removing the fixed NGN197/USD rate
National Bank of Hungary has cut its benchmark 3-month deposit rate by 15 bp
Russia sold US$1.75bn 10-year Eurobonds at a yield of 4.75% after receiving US$7bn in orders
Brazil's interim president Michel Temer promised to limit subsidies and approve a cap on the government spending
Fitch Ratings has downgraded Beijing Automotive Group Co Ltd's (BAIC Group) long-term issuer-default rating (IDR) to 'BBB+' from 'A-'
Fitch Ratings downgraded Credit Suisse Group's long-term default rating by one notch to 'A-'
Empresa Distribuidora de Electricidad de Salta S.A. (EDESA) plans to issue up to US$65mn in senior unsecured notes this week
Moody's upgrades the long-term local and foreign-currency deposit ratings of Bank Uralsib to 'Caa1' from 'Caa2'