Haikou Meilan International Airport takes off for G3 debut
Haikou Meilan International Airport Company launched its inaugural dollar bond on Tuesday, with initial price guidance set in the 5.35% area.
View ArticleThe Suuti saga: a series of unfortunate events
The Specified Undertaking of the Unit Trust of India (Suuti), the government agency looking to sell down its holdings in 51 companies, did the right thing when it recently revised a request for...
View ArticleAlba set to sign loan on Wednesday
The loan for Aluminium Bahrain (Alba), which is expected to grow beyond its initial target of $750m, is due to be signed on Wednesday.
View ArticleBurgan Bank back for bond
Kuwait's Burgan Bank will re-engage with investors this week after first setting up an EMTN programme for a senior dollar bond in July.
View ArticleEI Bank slips in sukuk ahead of busy market
Emirates Islamic Bank (EI Bank) slipped into the market on Tuesday ahead of plenty of expected supply to raise $250m with a tap of its dollar sukuk due 2021.
View ArticleDBS breaks record with tightest dollar AT1
DBS Bank sealed a landmark $750m additional tier one bank capital deal on Tuesday, marking not just its first dollar AT1 but also the first from a Singaporean lender. And it did it with style, managing...
View ArticleIG corps race into autumn as HY warms up
Europe’s investment grade corporate bond market has surprised few with the intensity of its start to autumn as issuers begin a run of primary activity that shows little sign of abating.
View ArticleING boosts Korea presence with new securities branch
ING Bank has obtained a securities branch license from the Financial Services Commission of South Korea, giving it the ability to broker debt capital market and alternative investment deals for clients.
View ArticleSteinhoff signing $4bn acquisition loans on Wednesday
Banks are signing documents for the $4bn of acquisition loans for South African-based Steinhoff on Wednesday. The deal has gone “better than expected,” according to one lead banker.
View ArticleDecisive trade from QNB reopens GCC bonds
Qatar National Bank (QNB) hit the screens with the first benchmark trade from the Gulf Cooperation Council after the summer break on Wednesday, taking orders in excess of $2.4bn by 10am.
View ArticleVakifbank embraces margin ratchet
The margin for Vakifbank’s latest loan will increase if the bank is downgraded, the move follows Akbank which set the trend for the ratchet earlier this month in the face of ratings downgrades for...
View ArticleEmaar picks 10 for bond
Dubai’s Emaar Properties has picked banks for its first trade since 2014, a senior unsecured sukuk.
View ArticleEcom Agroindustrial to seek new lenders in $500m refinancing
Swiss based commodity trader Ecom Agroindustrial will reach out to existing and new lenders in its $500m loan refinancing.
View ArticleWorld Bank brings SDR bonds back to life
The World Bank broke a 30 year silence in special drawing rights (SDR) bonds with the sale of the SDR500m ($700m) three year note in China on Wednesday. While the Mulan bond is widely seen as a...
View ArticleSlovenia reopens CEE market with euro tap
Slovenia became the first central and eastern European name to tap the core currency markets after the summer lull on Tuesday with a reopening of its €1bn March 2035s.
View Article‘Til death or a bad memory do us part
My beloved wife Tai Tai often complains, quite unreasonably I think, about how under appreciated she feels. But a recent gaffe by an acquaintance of mine had her, for once, thanking her lucky stars...
View ArticleWaskita lights up Indo IPOs on hot demand
Waskita Beton Precast has wrapped up a deal some consider to be this year’s hottest Indonesian IPO, with investors piling in to help it raise Rph5.16tr ($390.61m) near the top of the price range.
View ArticlePostal Savings Bank meets sponsors to prep $8bn IPO
Postal Savings Bank of China met with the sponsors of its upcoming $8bn Hong Kong IPO in Beijing on Thursday as the issuer approaches hitting the market, according to a source involved in the transaction.
View ArticleEgypt IMF deal under threat, says Capital Economics
Domestic opposition could derail Egypt’s IMF deal and threaten plans for a dollar market return, analysts have warned.
View ArticleNagaCorp picks size over price for top-up
Hong Kong-listed NagaCorp raised a larger than expected HK$950m ($123m) after boosting the number of shares sold in its overnight equity offering, even though it priced at the bottom of guidance.
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