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New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
The trade, like previous yen issuance, carries a guarantee
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
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International law firm Clifford Chance, in conjunction with Al Jadaan & Partners Law Firm, has advised The National Shipping Company of Saudi Arabia (Bahri) in relation to the proposed US$1.3 billion merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly-owned subsidiary of Saudi Aramco. The definitive transaction documents were signed in Riyadh on 4 November 2012.
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Manama, Bahrain: Arab Banking Corporation today announced that its consolidated Group net profit for the first nine months of 2012 was US$158 million compared to US$157 million for the same period last year. Net profit for the third quarter was US$53 million compared to US$41 million last year.
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Source: Manila Bulletin Publishing Corporation
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Source: Tegara Net
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The ( SC ) and the Securities and Futures Commission (SFC) Hong Kong yesterday jointly launched the Asia Pacific Takeovers Regulators Forum, which will incorporate the first e-platform in the region for takeovers regulators.