Call us on
+44 (0) 207 045 0920

CFO Insights

Cape Town Bolsters ESG, but What’s Green Today May Not Be Tomorrow

Cape Town is one of the few municipalities to have issued a green bond, a hugely successful transaction that generated significant oversubscription despite a challenging local market backdrop. We spoke with David Valentine, the Treasury Director and Janine Marion Abrahams, Head of Bank and Treasury Loans, Finance and Treasury Department at the City of Cape Town, about how it prepared for the…

9 Oct 2018

ADNOC CIO on Capital Efficiency, Investment Strategy and Downstream Growth

Abu Dhabi National Oil Company (ADNOC) has over the past year inked a number of landmark – and in some cases pioneering – transactions, part of a bold new strategy aimed at expanding and enhancing the company’s global position. We speak with one of the architects of the funding strategy behind it, Michele Fiorentino, Chief Investment Officer at ADNOC.

3 Oct 2018

Orpic Treasurer: Addressing capital structure imbalances created by aggressive growth

Orpic (Oman Oil Refineries and Petroleum Industries Company) is jointly owned by the Government of Oman and Oman Oil Company and is one of the biggest and fastest growing businesses not just in the country but the region more broadly. Bonds & Loans spoke to Alexandre Clar, MG Treasurer at Orpic, about how the company plans to finance its rapid expansion and new initiatives.

18 Sep 2018

As Sovereigns Issue Green Bonds, Questions of Creating ‘Additionality’ Linger

A diverse group of governments have taken the plunge and issued green bonds to finance various initiatives designed to improve their climate resilience, but the diversity in their use of proceeds is making the pursuit of consistent impact reporting more complex and raising concerns about greenwashing otherwise harmful activities.

14 Sep 2018

Grupo Alumina CFO on Deepening Growth in International Markets

We speak with Edward Uribe, CFO, at Grupo Alumina about how US trade policy is affecting the company’s funding outlook and the prospects for the metals and construction sectors.

13 Sep 2018

Interview: Nedbank Bullish on East Africa, Refinancings and ECA-backed Deals to Dominate This Year

Despite overall syndication volumes down year-on-year, Sub-Saharan and East African markets are seeing pockets of activity and positive developments, including extending tenors and more corporates coming to market. We speak to Samta Lalan, Head of Distribution at Nedbank, about the lender’s key focus areas, market outlook and challenges facing the banking industry in Africa.

6 Sep 2018

Metito CFO: “Managing exposure to EM investments under the IFRS 9 ECL model is a challenge in GCC”

Metito is a leading provider of choice for water management solutions in the emerging markets with operations covering segments including chemicals, and utilities. Although the company is based in the Gulf, it operates on a global scale. We speak to the Holding’s CFO Wafic Ghanem about Metito’s funding plans for the coming year, including hedging and refinancing programs and market…

5 Sep 2018

How Serbia Improved its Fiscal Position and Catalysed the Local Capital Markets

Branko Drcelic, Director of the Public Debt Administration at the Ministry of Finance, Serbia sat down with Bonds & Loans to discuss how the country moved from chronic deficits to a healthy surplus, catalysing a local currency debt capital market in the process.

28 Aug 2018

MLP Care CFO: Smart Balance Sheet Management Key to Finding Borrowing Windows in Turkey

Turkey’s healthcare industry has moved forward leaps and bounds since the government overhauled the sector in 2003, and the present currency dynamics coupled with high external savings rates and a huge concentration of domestic medical expertise has translated more recently into a health tourism boom – a bright beacon floating in troubled waters. Bonds & Loans speaks with Burcu Öztürk, CFO of MLP…

23 Aug 2018

Mixta Africa CFO on Affordable Housing Initiative, High Cost of Funding and Advice for Borrowers

With pressure on high-yield assets and non-investment grade credit across EMs, Mixta Africa, an African property developer and fast-rising player in the continent’s real-estate market, is doubling down on its corporate principles – including adaptive product development, low cost land acquisition and establishing local communities – to navigate those challenges. Bonds & Loans speaks with Benson…

21 Aug 2018

Want EM credit market insights delivered straight to your inbox?

Subscribe