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Semiconductor equipment firm pounces after raising profit guidance
Record deals from across region even as Gulf borrowers extend public market hiatus
Meanwhile, Gulf borrowers head private as Iran war volatility keeps public flow thin
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Hong Kong-based conglomerate First Pacific Co had to navigate underperforming bonds from peers and difficulties around price discovery for its $350m bond return.
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Indonesian company Sarana Multi Infrastruktur (SMI) has increased the size of its loan to $700m after seeing strong traction from banks during syndication.
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Singaporean commodities company Mercuria has returned to the offshore loan market for its annual foray.
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NewOcean Energy Holdings is seeking consent from banks to postpone a principal payment on a $150m loan signed in 2016.
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Singapore-listed Frasers Centrepoint Trust is looking to raise S$1.39bn ($1.02bn) by selling new units equal to over half its existing stock.
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In this round-up, Credit Suisse plans to increase its workforce in mainland China by 100% in five years, the central bank develops a new benchmark interest rate, and yet another US-listed Chinese firm comes under the scrutiny of the US securities regulator.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa