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Deal was three times oversubscribed
Growing company gets new bank lenders and equity investors
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
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Investors and techniques are ready for development banks to scale up securitization rapidly -
AfDB hopes to launch multi-issuer securitization this year
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◆ French firm takes €700m with unrated deal ◆ Double digit concession needed ◆ Deal prices inside debut, but returns higher yield
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Deal liberates capital and tempts investors to take new frontier market risk
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