Russian oil giant Rosneft is expected to repay a US$7.6bn portion of a bridge loan that matures on Sunday. The settlement day for the repayment is Monday December 22, the first business day after the loan matures.
Optimism about financing opportunities in Africa in 2015 as a rush of pre-Christmas deals are successfully wrapped up is being offset by fears among lenders that the tumbling oil price could hit appetite for new African loans, particularly for borrowers that are heavily exposed to oil.
After seven years at Moelis & Co, co-heads of restructuring William Derrough and Thane Carlston have put together a team with global reach and the depth of skill that makes it a formidable competitor. It stood out in another year of easy credit conditions by solving the trickiest problems, and is IFR’s Restructuring Adviser of the Year.