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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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Nongfu Sping, a Chinese bottled water and beverage company, is closing the international book for its Hong Kong IPO a day earlier than planned on the back of strong demand, according to sources close to the deal.
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Hainan Airlines Holding Co, the flagship carrier of embattled Chinese conglomerate HNA Group, has convinced investors to wait for nine more months for their principal investment in a domestic bond.
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Chinese internet and data centre services provider 21Vianet Group has raised $352.8m from a primary issue of its Nasdaq-listed stock.
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Shandong Commercial Group Co followed its Chinese state-owned peers into the dollar market on Tuesday, but found limited support from investors for its $180m unrated bond.
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Genting Hong Kong, a cruise ship operator under financial pressure due to the pandemic, held a meeting on Monday with its bank creditors to discuss a debt restructuring plan.
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Compart Systems, a high precision metal components maker, has returned to the loan market to refinance an old borrowing from 2016, which was used to support its buyout by Platinum Private Equity.
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