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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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Central China Real Estate and Greenland Holding Group Co raised a combined $900m in the international debt market on Monday. -
Hong Kong's Cathay Pacific Airways is planning a HK$11.7bn ($1.5bn) rights issue as part of a multi-billion dollar government-led recapitalisation.
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Chinese issuers have been slashing the coupons on their onshore puttable bonds in an attempt to save money. They are playing with fire.
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For yield-hungry bond buyers, Central American sovereigns El Salvador and Costa Rica have proved irresistible in recent days. But as political infighting in both countries hampers fiscal consolidation efforts, fiscal fundamentals could cause creditors concern for years to come.
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Emerging market borrowers and lenders still lag developed markets on the transition away from the Libor, with the coronavirus pandemic hampering progress.
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Veon, the emerging markets telecommunications firm, has mandated for a rouble bond issue, six months since its last trade, a hard currency offering.
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CAF gearing up to transform regional development
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