Kazakhstani crude oil company Tengizchevroil held an investor call on Monday ahead of its first entry into debt capital markets since 2016. The bond will add to the company's existing balance sheet, which has billions of dollars of outstanding loans and bonds up for redemption in coming years.
China’s securities regulator has banned GF Securities from sponsoring IPOs for six months and underwriting bonds for a year, punishing the firm for its role on a series of fund-raisings for Kangmei Pharmaceutical Co.
A slew of Indian banks are turning to additional tier one and tier two instruments to raise their capital levels. But an expensive international debt market means the majority of the issuance is likely to take place onshore in rupees.
Chinese car manufacturer Great Wall Motors has paid up for its return to the loan market for a $440m-equivalent dual-currency deal.
Asia’s dollar bond market shows no sign of slowing down, after a flurry of deals were announced on Monday.
Punjab National Bank has proposed raising up to Rp70bn ($931.1m) from an issue of primary equity capital.
Following investor calls last Friday, two public sector borrowers hit the market for new dollar bonds on Monday, with IDB Invest going for a three year maturity and the Japan International Cooperation Agency making a rare appearance for a 10 year trade.
Punjab National Bank has proposed raising up to Rp70bn ($931.1m) from an issue of primary equity capital.
Chinese car manufacturer Great Wall Motors has paid up for its return to the loan market for a $440m-equivalent dual-currency deal.
Chinese car manufacturer Great Wall Motors has paid up for its return to the loan market for a $440m-equivalent dual-currency deal.
Tianjin Great Wall Binyin Automotive Finance, the funding arm of domestic carmaker Great Wall Motors, sealed its first internationally rated auto securitization deal on Thursday. The Rmb3.37bn ($481m) deal attracted decent demand from foreign investors.
China’s securities regulator has banned GF Securities from sponsoring IPOs for six months and underwriting bonds for a year, punishing the firm for its role on a series of fund-raisings for Kangmei Pharmaceutical Co.
When I was a banker, you only signed a non-disclosure agreement if you had serious interest in joining a deal. Not anymore.
GC
