Lippo S$350m loan to hit syndication soon
A S$350m ($259m) loan signed between Lippo Malls Indonesia Retail Trust and a group of lenders is set to go into general syndication.
View ArticleNAB seeks soft bullet consent
National Australia Bank is seeking the consent of investors to change the terms of four covered bonds denominated in a range of currencies, for which it will pay a fee.
View ArticleJacobson, VPower and Anbang vie for HK IPOs
The Hong Kong equity capital market is coming back to life with Jacobson Pharma Corp beginning pre-deal investor education on Wednesday for its up to $150m IPO.
View ArticleRMB on the rise in South Africa, says Swift
The renminbi rejoined the top five of most used payment currencies in the July rankings from Swift, with South Africa seeing considerable growth in renminbi payments in the past year, the organisation...
View ArticleChina Orient thrives on strong demand to price tight
China Orient Asset Management Corp sealed a $650m bond off the back of a $4.2bn order book on Tuesday, taking advantage of a strong market to price its deal well under its peers.
View ArticleJumbos return as market readies for September rush
The European Investment Bank returned to capital markets with a splash on Tuesday, indicating that, what passed for 2016’s summer break is coming to an end.
View ArticleHigh yield heartache as LBOs lead on
The investment grade bond market saw raging demand for the one small deal of the week, lining the market up for a strong September, while the high yield market has seen appetite for European credits...
View ArticleFIG sprints through final summer furlong
The FIG market showed little sign of restraint into the final week of August as a plethora of borrowers launched trades across the capital stack.
View ArticleBOCHK outlines future of RMB clearing
The launch of China’s cross-border interbank payment system (CIPS) last year was a milestone for the internationalisation of the renminbi. Close to a year on, Bank of China Hong Kong’s general manager...
View ArticleSFC raps Morgan Stanley for internal control failures
The Securities and Futures Commission (SFC) has reprimanded Morgan Stanley Hong Kong Securities over internal control failures, slapping a fine of HK$18.5m ($2.4m) on the US bank.
View ArticleColombian bonds flat on historic peace announcement with tax reform in focus
Colombia’s dollar bonds did not budge on Wednesday after the announcement of a successful conclusion of four years of peace talks, but investors and analysts said the news was crucial for the approval...
View ArticleBank Dhofar picks up $100m loan for funding gap
Five banks have completed syndication of a $100m loan for Oman’s Bank Dhofar. The loan fills a funding gap while the bank waits to sell its first medium term note, the CFO told GlobalCapital.
View ArticleIndia’s largest stock exchange taps four for listing
India’s largest bourse, the National Stock Exchange, has moved a step closer to an IPO, naming four firms as joint global co-ordinators for its domestic listing.
View ArticleWhen it pays to save money at any cost
Issuers are known for a lot of things — their savviness with deals, their eccentricities and sometimes their penny pinching tendencies.
View ArticleRBL Bank hits price roof on hot Rp12bn IPO
India’s RBL Bank priced its Rp12.1bn ($180.4m) IPO at the top end of guidance after a surge of demand pushed the deal to close nearly 70 times subscribed, said sources familiar with it.
View ArticleMotherson eyes QIP as Sebi frowns at drop in volumes
Motherson Sumi Systems has appointed ICICI Securities, IDFC, IIFL, JM Financial and UBS as the leads on its qualified institutional placement, which is expected to raise $400m-$450m.
View ArticleChina Orient finds lowest price among fund managers
China Orient Asset Management Corp demonstrated its strength in the bond market this week, pricing a $650m deal off the back of a $4.2bn order book.
View ArticleMAS to rein in Singapore PBs risk appetite in bonds
The Monetary Authority of Singapore sees scope for more clarity on the disclosure of bond rebates given to private banks, with the Private Banking Industry Group reviewing its code of conduct.
View ArticleParent gives nod to BoCom International IPO
Bank of Communications Co is moving ahead with the IPO of its investment banking subsidiary BoCom International in Hong Kong, after its board approved the planned $300m listing.
View ArticleDentons snags new capital markets partner
The Hong Kong office of law firm Dentons has bulked up its capital markets group with a new partner.
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