Deutsche Bank
-
Sino-Ocean Land is making its reappearance in the international bond market, unveiling a dollar five and 10 year dual trancher on Wednesday. The Hong Kong-listed real estate developer was last seen in May 2011. -
Winoa, the French maker of steel abrasives and diamond cutting tools, has withdrawn a planned €260m senior secured bond issue amid fears that market volatility would make terms unfavourable for the issuer.
-
Xiaomi’s $1bn financing has become a talking point among bankers. The Chinese mobile phone company has ambitious plans for expansion but there is concern in some quarters over how it has chosen to execute its debut. The company should brace itself for an uphill climb. Closing this deal isn’t going to be easy.
-
A total of 12 banks have signed the mandate letter this week for Tata Steel’s multi-currency jumbo fundraising of around $5.62bn.
-
Loxam, the French equipment rental group, issued €660m of senior high yield notes at par on Friday to refinance debt.
-
Dutch port terminals developer Heysta Energy is about to allocate its €315m loan, raised through a special purpose vehicle, to back its buyout of HES Beheer.
-
Indonesian telecommunications company Tower Bersama Group has sealed a loan of $300m dual currency loan, exercising the $100m greenshoe after the deal was oversubscribed.
-
Tata Steel is kicking off investor meetings for what could be an inaugural dollar and euro denominated deal this week. In addition to being the latest in a string of Indian borrowers to explore the euro market this year, the company joins a club of high yield issuers from India that are surfacing in dollars.
-
Indian Oil Corp has closed its $650m five year financing with 18 banks joining during syndication. The deal was described by bankers as a resounding success after commitments worth $1.15bn piled in.
-
Property duo Sino-Ocean Land and Sunshine 100 are meeting investors next week in connection with a possible dollar offerings.
-
Loxam to refi debt - Twin-Set to replace LBO debt
-
