Investec AM hires Lim for EM corporate debt team

Investec Asset Management has hired Juliet Lim as a senior investment specialist for its emerging market fixed income team in London.

• 19 Jun 2018

Access Bank wraps up loan syndication

Nigeria’s Access Bank has completed syndication of its one year loan, with lender demand pushing up the final amount raised from the deal’s launch by 58% to $158m.

• 19 Jun 2018

Vale back with more liability management

Brazilian mining giant Vale has launched its third tender offer of the year, this time targeting the longer part of its dollar curve.

• 19 Jun 2018

UK market integrity trumps Russian capital, says MP

Despite worries that Russian investors are pulling away from London as the UK looks to pressure allies of the country's president Vladimir Putin, Tom Tugendhat, the chairman of the House of Commons Foreign Affairs Committee, has stressed to GlobalCapital that preserving the rule of law in the UK and making sure markets are “clean and honest” is more important than attracting Russian capital to London.

• 18 Jun 2018

EPP arrives in fives

EPP, a Polish real estate investment company, has come to market for a five year euro benchmark in what will be the first non-corporate bond from CEE since early May, but early indications suggest a lukewarm reception.

• 18 Jun 2018

Coface Poland consolidates debt into single facility

Coface Poland Factoring has signed a €300m-equivalent syndicated loan to partly replace bilateral credit lines, stretching out the average debt maturity for the Polish subsidiary of the French trade insurance company.

• 18 Jun 2018

NADB set to sell green Swiss francs as arb returns

The North American Development Bank (NADB) will hold meetings in Geneva and Zurich to discuss a debut Swiss franc green bond, as the possibilities for arbitrage grows for international SSAs.

• 14 Jun 2018

Loans in brief: 14/06/2018

• 14 Jun 2018

Dwindling loan books spark EM price war

Emerging market loans bankers at European banks are finding it increasingly hard to compete on pricing, with borrowers claiming to be able to take out dollar loans with US and Asian banks well below the level others are able to offer. Mike Turner reports on a market where banks are doing whatever they can to snap up scarce supply of lending business.

• 14 Jun 2018

Garanti Bank prints gender bond MTN

Turkey’s Garanti bank has sold its first ever social bond, a $75m private placement. The International Finance Corporation purchased the bond as part of its Banking on Women Programme.

• 14 Jun 2018