Latest News

MTN Uganda raises $114m for network development

The deal backs development of high-speed telecoms network infrastructure and features a Uganda shilling portion equivalent to $74 million and a $40 million dollar-denominated tranche.

EIB and EBRD to part fund Bratislava Bypass

The 30-year DBFOM public-private-partnership concession is for a 27km section of motorway (D4) between Jarovce and Raca and a 32 km expressway (R7) connecting Prievoz and Holice.

Democrats urge US Exim board nominee vote

Whip Steny Hoyer and Representatives Maxine Walters, Gwen Moore and Denny Heck wrote the letter to Richard Shelby, who has been stalling since January on allowing the committee to vote on Mark McWatters’s nomination.

BTMU's White transferring to Tokyo

White has been with BTMU since 2008 and has particular expertise in offshore wind project financing.

Glencore general syndication closes at $7.7bn

Predictably, given the slump in commodities pricing and Glencore’s overall indebtedness, pricing is double that of the borrower’s May 2015 revolver co-ordinated by BBVA, HSBC, Lloyds and Rabobank.

India and Iran sign Chabahar Port MoUs

India Ports Global Private Limited has pledged to invest $500 million in the project which involves development and operation of two terminals and five berths with cargo handling for both multipurpose and general capacities for the next 10 years.

VietJet places $11.3bn order with Boeing

Some of the new aircraft orders will be financed via a planned IPO later this year from which VietJet is expected to raise at least $800 million.

NBET bank guarantees reassigned to gencos

Certainty of payment is expected to enable gencos to raise working capital and capex facilities from banks to fund the upgrade of their operations and increase generation capacity.

Latam Airlines boosts revolver to $325m

The Chile-headquartered airline signed a three-year, $275 million loan two months ago, adding an extra $50 million and also increasing the tenor to three years and nine months.

Martinrea refinances dual-currency loan

The loan is made up of a C$300 million ($228.99 million) revolver and a $350 million tranche, both of which have four-year tenors.