Citi
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Liberbank’s shareholders approved on Monday all the resolutions at its general meeting, including a €500m rights issue, which Deutsche Bank and Citigroup had already pre-underwritten. -
The European Financial Stability Facility (EFSF) will launch its fourth quarter issuance programme with a new six year benchmark, sharing investors’ screens with a 10 year deal from Dexia.
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Banks that committed to a $250m loan for Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, can expect to be scaled back after $285m of pledges came in by the end of general syndication.
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A Japanese agency has pipped a Nordic one to the post in a tightly-fought race for the top dollar scores on BondMarker in the third quarter. Just 0.2 marks separate the top three scored dollar prints.
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Haitong UniTrust is preparing for a late October or early November launch of its potential $500m Hong Kong listing, according to a banker working on the transaction.
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J2 Acquisition Ltd, the latest cash shell vehicle of Martin Franklin, completed its London IPO on Thursday, raising $1.25bn for acquisitions in unspecified countries and sectors.
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After several years financing in the domestic and Asian markets, Hungary turned its attention to the next stage of reducing its external liabilities this week, and was overwhelmed by the positive response to its dollar euro switch, György Barcza, chief executive of Hungary’s debt management agency (AKK), told GlobalCapital.
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Pan-Africa lender Guaranty Trust Bank has bought back $123.1bn of its outstanding bonds, making it the second African bank to address its upcoming maturities. Nigeria’s Fidelity Bank is looking to issue fresh debt to finance a buy-back of its $300m 2018s.
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Ireland has sold its first negative yielding bond, raising €4bn with a five year. The deal pulled in €10.1bn of orders, despite some trepidation over the developing situation between Catalonia and Spain.
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Turkish oil refiner Tüpraş will start roadshowing a 10 year dollar bond on Friday, but the issuer’s links to Iran are expected to raise questions on the roadshow.
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State-owned reinsurer General Insurance Corp of India has finalised the price range for its IPO, which will have a potential size of Rp113.7bn ($1.7bn).
