Companies should build sustainable finance around their business strategy rather than reshape their business to qualify for ESG funding, treasury leaders said at CT Week Philippines.
As the war in Iran drags on, the Small Industries Development Bank of India has been handed a capital infusion to improve credit flow to MSMEs in rural areas, support technology initiatives and to partner with local banks.
The bonds will be used to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; the aluminium giant also issued a concurrent share repurchase.
Global investors, with the majority in Asia, participated in the deal which included five year, 10 year and 30 year senior bonds, and is the largest US dollar bond issuance in Hong Kong in the Reg S format; the funds will help drive infrastructure development.
As operational costs remain high, businesses are looking for funding relief from the SAR's upcoming budget, according to DBS; meanwhile, some firms are looking to expand abroad into Asia and the Middle East.
Feb 24, 2025
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
In the latest episode of our Tales from Treasury podcast series, our editor speaks to Jean Lafontaine, global head of funding, M&A and investor relations at Home Credit International.
The digital asset management start-up will use the $3 million in funding to address opportunities arising from the increased use of tokens as employee compensation with the launch of its new solution.
Corporate treasurers will have to approach their banking relationships delicately to strike a balance between their immediate needs and the banks’ ability to provide aid