Bain cuts £97m of Ibstock stake, this time above IPO price
Bain Capital has completed its second block sale of shares in Ibstock, the UK brick maker, since its £354m IPO on the London Stock Exchange in October 2015.
View ArticleFunding scorecard: supranationals
This week's scorecard looks at the progress supranationals have made with their funding programmes this year.
View ArticleVolksbank Wien may consider publicly syndicated covered bond
Volksbank Wien could be preparing to launch its first publicly syndicated euro covered bond after Moody’s published a presale report and assigned a top rating to its covered bond programme on Thursday.
View ArticleLebanon lines up long end liabilities
The Lebanese Republic has mandated four banks to tap into the long end of the bond market with a multi-tranche dollar deal, ahead of what bankers expect will be another busy start to the week ahead of...
View ArticleBank Muscat gets $525m loan despite country limit concerns
Bank Muscat has successfully completed its $525m syndicated loan refinancing, adding to Oman’s accumulating loan book.
View ArticleAumann opens IPO book, offering play on e-mobility
Aumann Group, the German maker of wire enamelling and electric motors for cars, has opened the book for its Frankfurt IPO, which could value it at up to €257m.
View ArticleSingapore and Canada could raise covered bond issuance limits
Strict asset encumbrance limits imposed by regulators in Canada and Singapore could be increased, in a move that could improve covered bond supply from the two regions.
View ArticleSegro brings £556m rights issue for Heathrow property buyout
Shares in Segro, the UK property developer, closed 6% lower on Friday after it announced a £556m rights issue to finance its buyout of Aviva from a joint venture at London’s Heathrow Airport.
View ArticleUpdated: Viz Branz eyes $151m in comeback SGX float
Viz Branz Holdings will raise up to S$213m ($151m) in its return to the Singapore equity market, with the IPO opening books on Wednesday.
View ArticleGuotai Junan gets CSRC tick for IPO
Guotai Junan Securities Co said in a filing with the Shanghai Stock Exchange that it has received the green light from the regulator to list in Hong Kong.
View ArticleBoCom Leasing takes bids for dollar triple-trancher
Bank of Communications Financial Leasing Co (BoCom Leasing) is set to become the first leasing arm of a bank in Asia ex-Japan to tap offshore investors in 2017, having opened books for a new...
View ArticleGuorui Properties raises the curtain on high yield
Guorui Properties opened the Asia high yield corporate debt market for the week, launching its debut dollar deal just ahead of the US Federal Reserve meeting.
View ArticleKuwait raises $8bn in market debut
Kuwait nipped in on Monday ahead of a likely US rate hike this week to raise $8bn with its debut bond, establishing a liquid benchmark at the five and 10 year parts of the curve. While the emphatic...
View ArticleIndonesia readies annual sukuk outing
The Republic of Indonesia has mandated banks for a new dollar sukuk, getting ready to re-enter the market after setting records with its dual tranche sukuk last year.
View ArticleForeign institutional investors enter China FX hedging market
A foreign institutional investor completed its first hedging transaction in the onshore FX derivatives market on March 13, following the liberalisation by the State Administration of Foreign Exchange...
View ArticleRBI longer-dated debt gambit pays off
When the Reserve Bank of India brought in guidelines that forced borrowers to hedge shorter-dated debt in a bid to encourage longer-term financing, it was met with an outcry about the feasibility of...
View ArticleHow do you solve a problem like Korea?
The cloud hanging over South Korea’s financial markets has been lifted after the country’s president Park Geun-Hye was ordered to resign her office last week, impeached following a six month influence...
View ArticleAlibaba, Ant Financial and Tencent reboot for new large loans
You wait for one and then three come along at once. A trio of major Chinese technology firms have approached the loan market for funding said to be in a region of a combined $13bn, GlobalCapital Asia...
View ArticleCelltrion Healthcare gets the OK to list
Celltrion Healthcare, the marketing affiliate of Korean drug manufacturer Celltrion, has got the go ahead from Korea Exchange to launch its IPO, which could raise up W1tr ($873.4m) according to a...
View ArticleSFC penalises Bocom unit for IPO sponsor failures
Hong Kong’s market watchdog has slapped a HK$15m ($1.9m) fine on Bocom International (Asia) for failing to discharge its duties as a sponsor in the listing application of China Huinong Capital Group.
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