Bond

Springrowth SGR, a wholly-owned subsidiary of Muzinich & Co Ltd., has announced the first close of the Diversified Enterprises Credit Fund (“DECF”), the first parallel lending vehicle to be launched in Italy.

Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has priced a Green Bond 1 offering for the Tokyo Metropolitan Government. The offering consists of a 5-year and 30-year tranche, valued at 5 billion yen each. Nomura acted as bookrunner for the offering.

The Republic of Seychelles has launched the world’s first sovereign blue bond—a pioneering financial instrument designed to support sustainable marine and fisheries projects.

BNP Paribas Asset Management (‘BNPP AM’) announces the closing of BNPP AM Euro CLO 2018 B.V., a EUR 411.25 million securitisation vehicle that invests in a diversified portfolio of syndicated leveraged loans to European corporates.

The African Development Bank and Mauritius Commercial Bank Group (MCB) have launched the African Domestic Bond Fund (ADBF) ahead of its listing on the Stock Exchange of Mauritius Ltd on 18 September 2018. It is the first multijurisdictional fixed income Exchange Traded Fund (ETF) on the continent.