Latest articles
Showing 1851-1860 of 2145 results.
Nigeria’s debt mountain grows
Nigeria is looking to raise significant capital from its domestic markets as part of a wider financing plan. Despite the high levels of debt, it is unlikely the sovereign will be over-leveraged, and the depth of the country’s local debt markets mean there will likely be demand for the issuances.
6 Apr 2016
Is the emerging market rebound set to bounce back?
Emerging markets have reacted well to dovish signals from the US Federal Reserve. The rise in commodity prices has also contributed to their performance. However future interest rate increases combined with a slowdown in the rise in commodity prices could end the rebound.
6 Apr 2016
Tapping into the MENA corridor, CFC Stanbic secures loan
CFC Stanbic Bank Kenya received a loan from a number of banks including Middle Eastern lenders as they search for new areas of liquidity.
6 Apr 2016
EM Corporates: More of 2015?
The EM asset class entered 2016 with challenging macroeconomic backdrop, supportive technicals and size difficult to ignore. But the divergence in performance between corporates and sovereigns has been clearly set in 2015 and is expected to continue.
6 Apr 2016
Loathe to loan to Brazil
Brazil is losing the trust of international investors. The macroeconomic situation in the country and the slow reaction of corporate executives to reassure the markets has led to many lenders either leaving the Brazilian market or requesting dollar guarantees on any credit they provide.
5 Apr 2016
Kenya to test appetite with possible Eurobond
One of the better performing sovereigns in Africa could tap the Eurobond markets. Although the shape of Kenya’s economy looks promising for investors, possible corruption and an election next year could mean that any Eurobond’s yield would have to be significantly higher than that seen on the last issuance.
5 Apr 2016
Is the junk bond revival nothing but rubbish?
Junk bonds and distressed debt from emerging markets has seen a brief rebound on the back of rising commodity prices. However, with the increase in commodity prices slowing, sub-investment grade debt may lose its gains.
5 Apr 2016
Iran issues debut ijara sukuk
In an effort to diversify its sources of funding and relieve the pressure on the local banking system, the Iranian government has launched a sukuk, a positive step forward for the global sukuk markets.
4 Apr 2016
China Exim Bank makes its mark in Africa
African economies have struggled from low commodity prices and weakening demand due to their close links with China. However, the continent’s largest trading partner is investing considerable funds in the region to prop up infrastructure projects, which are crucial for the development of the region’s economies.
4 Apr 2016
CASE STUDY: Financing Royal Jordanian Airline’s big ambitions
Royal Jordanian Airlines’ (RJ) US$275mn dual conventional and Islamic syndicated facility is a testament to the statement ‘timing is everything’. The deal helped RJ restructure its balance sheet following the Arab Spring and soak up regional liquidity at a time of dwindling oil prices.
4 Apr 2016