New York's unlikely renminbi gambit
Home to the world’s largest capital market, the US has what it takes to redraw the global heat map of renminbi internationalisation (RMBi) now that it has been awarded a clearing bank and the world’s...
View ArticleRMB round-up: Clearstream launches China bond link, US banks vie for clearing...
In this round-up, The BRICS bank announces its lending target for the next year, two US banks compete for RMB clearing role in New York, and China Construction Bank Tokyo gets admitted to the onshore...
View ArticleStanChart: SDR bonds a sign of our RMB commitment
Standard Chartered Bank (Hong Kong) is set to become the first commercial issuer of special drawing rights-denominated bonds. The group’s head of capital markets for Greater China and north Asia told...
View ArticleIndian government eyes Rp22bn via NBCC sell down
The Indian government is looking to add around Rp22bn ($329.6m) to its coffers with a sell down of a portion of its stake in construction company NBCC.
View ArticleDial flies high on the back of Saudi success
Delhi International Airport’s decision to launch its bond a month after wrapping up roadshows paid off, with the new 10 year cinching global interest and a more than 6.5x covered book.
View ArticleKaboom! CR Pharma listing fetches $1.8bn
China Resources Pharmaceutical Group priced its Hong Kong IPO near the middle of expectations on Friday morning, raising HK$14bn ($1.8bn) after investors stormed into the trade.
View ArticleInvestors climb up China Great Wall $1.5bn bond
China Great Wall Asset Management Corp priced a dual-tranche offering on Thursday, finding strong demand for its deal. The relatively small size and the timing of the transaction worked in favour of...
View ArticleCogobuy unit boosts debut loan to $194.5m
A unit of e-commerce platform Cogobuy Group has close to doubled the size of its debut syndicated loan to $194.5m following an oversubscription from nine banks.
View ArticleCrédit Agricole issues tightest French covered bond in over a year
Crédit Agricole's rare €500m 10 year public sector Obligations Foncieres was priced at the tightest spread for a French covered bond in more than a year and it was the most highly subscribed in more...
View ArticleJP Morgan names new head of Emea DCM
JP Morgan has chosen a new head of debt capital markets in Emea, as part of a wider reshuffle designed to promote a new generation of bankers to top jobs.
View ArticleRLB NOE-Wien gets public sector programme rated
Raiffeisenlandesbank Niederoesterreich-Wien AG’s public sector backed covered bond programme has been rated Aaa with Moody’s.
View ArticleESM picks banks for entry to dollar game
The European Stability Mechanism has selected the banks that will advise it on the launch of its dollar issuance programme, it announced on Friday morning.
View ArticleSecondary pricing table: featuring KfW's $5bn three year
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
View ArticleFunding scorecard: European sovereigns
Find out how far progressed European sovereigns are in their funding programmes as we near the end of October.
View ArticleColonial slashes down financial costs with €600m refi issue
Barcelona-based real estate company Inmobiliaria Colonial on Friday sold its new eight year bond to repay the four year tranche of its debut bond maturing in 2019.
View ArticleSchroder European Reit prices cash call for acquisitions
Schroder European Real Estate Investment Trust, the Reit managed by the property arm of UK asset manager Schroders, has priced its second capital increase on the London and Johannesburg exchanges.
View ArticleUS home construction down for second straight month
The US housing market saw a slowdown in construction as new build starts fell for a second straight month in September.
View ArticleEarnest lines up new student loan refi ABS
Online student loan refinancing platform Earnest Operations is set to hit the primary market with a new ABS offering in the coming week.
View ArticleArdian appoints co-head of private debt
French private equity firm Ardian has appointed a new co-head of its private debt division, as it prepares for big things from the sector.
View ArticleMozambique to default on Eurobonds
The finance minister of Mozambique met investors in London on Tuesday to discuss a debt restructuring and disclosed that it had “no capacity to pay” back investors.
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