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Emerging Markets

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Six Middle Eastern and Asian banks are bookrunners on DAE's first loan since completing acquisition of Macquarie AirFinance
Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
Treasury yields and oil continue to rise

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  • Crédit Agricole’s Benjamin Lamberg has been appointed as the bank’s new Taiwan chief executive officer, GlobalCapital Asia has learnt.
  • The Dominican Republic refinanced the bulk of its 2021 bond maturities on Monday with a tap of its 12 year bonds that took international issuance from Latin American sovereigns to record annual volumes.
  • The Kingdom of Morocco, a rare bond issuer at the best of times and an even rarer dollar-denominated issuer, entered the market on Tuesday to raise a triple-tranche dollar bond. The deal is the second from the North African sovereign in recent months.
  • Emerging market bond mandates are continuing into the last month of the year, despite expectations that activity would quieten down after a jam-packed year of issuance. Kuwait’s Burgan Bank and Montenegro are among some of the CEEMEA issuers seeking to take advantage of unfalteringly attractive credit conditions.
  • Citi has picked Elissar Farah Antonios to be its new cluster head for the Middle East and North Africa, a newly created role.
  • The Loan Market Association has got its contractual ducks in a row as it prepares to launch a new platform to automate parts of the documentation process for loans and ancillary services, with the industry body looking to start the service early next year.