PwC sees momentum in China TMT listings in 2017
IPO volumes from China’s technology, media and telecommunications (TMT) sector are set to dominate global league tables again this year, even as the appeal of an onshore float gains traction, according...
View ArticleIndia delays RFP deadline for railway divestments
India’s divestment department has extended the date by which banks should submit bids for a lead position on a trio of sell-downs in state-owned railway companies.
View ArticleCorporate debt markets shrug off Dutch fears
Wednesday’s Dutch general election has not put the brakes on corporate bond issuance as it was expected to, probably because investors are expecting a fragmented result ending in a coalition, rather...
View ArticleTwo more join slew of IPO candidates
The IPO market in Europe continues apace, with the announcement of two more sizeable flotations so far this week. Another, smaller IPO in Amsterdam has reached a successful conclusion.
View ArticleArgentina lines up in Swiss as Kuwait makes big start
This week saw the entry of Kuwait into the capital markets. The sovereign’s long awaited debut received orders of $29bn at peak, proving that demand for the region is as strong as ever. Now Argentina...
View ArticleFIG sentiment steady as markets await FOMC and Dutch elections
The mood in FIG bond markets this week has been exceptionally positive, with the market expected to take the outcome of the Federal Market Open Committee’s meeting and Dutch elections in its stride...
View ArticleTurbulent week for core markets to slow SSA borrowing
Public sector borrowers will take a pause from primary this week as they dodge possible volatility during a week riddled with political and economic risk events in three major currencies.
View ArticleAkbank syndication turns into a crowd scene
Akbank’s more generous pricing seems to have paid off with banks lining up to refinance its syndicated loan.
View ArticleFujian Zhanglong seals $200m tap before Fed
Chinese local government financing vehicle (LGFV) Fujian Zhanglong Group wrapped up a $200m tap of its bonds this week, as it aimed to get its funding out of the way ahead of any unpredictable moves in...
View ArticleAsian DCM bankers gear up for tightly priced bonds
Asian dollar debt issuers breathed a sigh of relief this week as spreads tightened in secondary and the market stabilised on Thursday, following a widely expected interest rate hike announcement by the...
View ArticleInvestors go on $20bn shopping spree for D-Mart listing
Avenue Supermarts upended the Indian equity capital market with its IPO, pricing the Rp18.7bn ($281m) deal at the top of expectations after receiving $20bn in orders.
View ArticleCiti shuffles CIB leadership team in southeast Asia
Citi has reshuffled its southeast Asian corporate and investment banking (CIB) leadership, with David Biller and Jonathan Quek set to take on more responsibility.
View ArticleABH Financial mandates for rare euro trade
ABH Financial, the holding company of Russia’s Alfa-Bank, will meet investors in Europe next week for a rare Russian financial euro-denominated bond.
View ArticleHow to play it cool when the heat's on
Hong Kong’s expat bankers have perfected the art of a post-party client meeting. And they are now showing the rest of the world how, as a young friend of mine just proved on a business trip to Sydney.
View ArticleSBI board agrees to Rp150bn equity issuance
State Bank of India’s central board has agreed a plan to raise up to Rp150bn ($2.3bn) in the equity capital market, according to a stock exchange filing on Wednesday.
View ArticleTSKB looks to make it six for Turkey with new style tier two
Turkiye Sinai Kalkinma Bankasi (TSKB) has announced plans to roadshow an inaugural Basel III compliant tier two dollar deal, a week after Akbank’s successful debut in the format.
View ArticleUBS bolsters ranks with Apac ECM, derivs, China hires
UBS has made a number of new hires across its Asia Pacific businesses, according to memos seen by GlobalCapital Asia this week.
View ArticleChina tech giants line up for billion dollar funding splurge
Leading Chinese technology firms including Alibaba Group Holdings, its affiliate Ant Financial and Tencent have swept into the loan market and are said to be seeking a collective $13bn-$14bn. Given...
View ArticleTPI Polene Power eyes $500m IPO as Wilcon prices
TPI Polene Power is lighting up Thai ECM, launching an up to Bt17.5bn ($500m) IPO on Friday with eight cornerstone investors in the bag.
View ArticleRussia strikes first Panda deal
Russia ramped up its renminbi efforts this week with Rusal pricing the first Panda bond from the country. The deal closed on the same day the Central Bank of Russia revealed plans to open a renminbi...
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