Call us on
+44 (0) 207 045 0920

Filter news by categories

Latest articles

Showing 61-70 of 2121 results.

With Widescale Chinese Debt Forgiveness in Africa Unlikely, Focus Shifts to Vulnerable Debtors

China has signalled its willingness to provide debt service relief alongside the G20 by signing onto the landmark agreement in April, a crucial tailwind for several Sub-Saharan African countries. But with wholesale debt forgiveness unlikely and debt reprofiling renegotiations potentially stretching on much longer than expected, attention is now shifting to some of the region’s more vulnerable…

21 May 2020

Sri Lanka’s Central Bank Says the Government Can and Will Pay its Bills, but Investors Aren’t as Certain

The Sri Lankan government has gone on the defensive to counter market speculation about whether unaffordable debt levels and a rapid erosion of its economic fundamentals in the wake of the COVID-19 pandemic will lead to a default.

21 May 2020

Enel Americas CFO: ‘These are Challenging Times, but a Unique Learning Opportunity Too’

In an exclusive interview Bonds & Loans spoke to Aurélio Bustilho de Oliveira, CFO Enel Américas, about ESG, deleveraging and coping with the impact of the pandemic while also supporting the supply and value chains.

21 May 2020

OPEC+ Production Cuts Will Place Additional Strain on Nigeria’s Economy

Adhering to the recently agreed OPEC+ oil production cuts will only deepen Nigeria’s economic problems and exacerbate its difficulties with external finances, according to a recent report by Fitch Ratings. Whilst liquidity provided by multilaterals will help ease some pressures in the short-term, macroeconomic strains will continue.

20 May 2020

Abu Dhabi Dips Back into April Triple-Trancher to Raise USD3bn

The emirate of Abu Dhabi raised USD3bn from global investors this week in a retap of three bonds issued just one month ago.

20 May 2020

Scotiabank Says Brazil’s Lessez-Fair Lockdown Could Bring Long-Term Pain for Short-Term Gain

As Brazilian retail sales surprise on the upside, analysts at Scotiabank warn that lack of a clear policy and lessez-fair domestic lockdown could lead to a long and difficult recession down the road.

20 May 2020

Mexico’s GAP Draws Down MXN1bn Credit Facility as Clouds Gather Over Aviation Sector

Mexico-based airport operator Grupo Aeroportuario del Pacífico (GAP) says it has drawn down a MXN1bn credit facility, with the proceeds used to keep capex up as the outlook on the aviation sector dims.

19 May 2020

Turk Eximbank Inks USD678mn Loan to Help Domestic Exporters

Turkey’s export credit agency secured a USD678mn syndicated loan from a group of domestic and international lenders, according to a social media post published by the country’s Trade Minister.

19 May 2020

Oil Market is Rallying ‘Much Too Soon’ – ING

Oil markets continued to make a modest recovery this week amidst moves to ease lockdown restrictions in a number of countries worldwide. But a sustained recovery could be some way off, according to Warren Patterson and Wenyu Yao, commodities economists at ING.

19 May 2020

CASE STUDY: Lukoil Cuts Through Turbulence and Dysfunctional Oil Market with USD1.5bn Bond Issuance

In spite of the turmoil seen in credit and oil markets in recent months, Lukoil, one of the largest publicly traded oil & gas companies in the world with operations in over 30 countries, was able to issue a competitively-priced USD1.5bn benchmark Regs/144a bond.

15 May 2020