Project Finance News

Off-grid power and captive energy projects are taking up some of the slack as big infrastructure deals stall, says Standard Bank.

Private Equity News

Venture capital and private equity firm BlackFin Capital Partners has completed a more than €100mn first closing for a European business technology fund, with the fund’s founding partner telling EMEA Finance that the aim is to become a leading investor on the continent.

CEE & CIS news

IBA has finally received investor approval to restructure US$3.3bn of debt after months of wrangling.

Middle East news

The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, as the crisis enters its fourth month, market analysts are trying to decipher when events may normalize.

Africa news

African sovereign issuance is way down from its peak, but recent eurobonds have been oversubscribed as investors search for yield.

CEE & CIS news

Russia’s PIK Group has plans to ramp up capital markets activity in the coming years, as the firm announces a consolidation of its shareholder structure with company president Sergei Gordeev buying out two minority holders.

Europe News

UniCredit has sold €17.7bn of bad loans to US investment funds Fortress and Pimco, as Italian banks continue their balance sheet clean-up efforts following the country’s profound recession.