Citi
-
Nigeria’s Seplat Petroleum is in advanced staged talks for an around £382m cash acquisition of London-listed Eland Oil & Gas, with the buyer partly financing the deal with a new loan.
-
China Lesso Group has increased a four year borrowing to around $1.1bn, after attracting 16 lenders during syndication.
-
Germany’s ZF Friedrichshafen set final terms on a multi-tranche €2.7bn bond on Monday, with the car parts maker seeing far more demand at wider spreads than where it raised a similar amount in the Schuldschein market in recent weeks.
-
Anglo-Australian firm BHP Group has trimmed down the size of its revolving credit facility, with the mining and extraction multinational agreeing a $5.25bn deal with lenders.
-
-
The six biggest US investment banks alongside three European firms have created DirectBooks to assist primary market bond sales. It aims to start in the US investment grade corporate market before branching out to other fixed income products.
-
Dutch chemicals company OCI is issuing almost $1.4bn of senior secured notes to repay outstanding debt, with a long term aim of simplifying its capital structure and deleveraging.
-
A scorching week in the dollar market provided some $18.5bn of funding from issuers across the SSA spectrum. Maturities from three to 30 years were accessed, and each deal enjoyed strong demand and well-filled books.
-
-
The European Bank for Reconstruction and Development and Ireland faced off in the euro green bond market on Thursday.
-
-