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Emerging Markets

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  • Global law firm Dechert has hired Maria Tan Pedersen as a partner in its Singapore office, in a bid to expand and strengthen its corporate and securities practice in the region, it said on Monday.
  • With emerging markets bond bankers all ready to start deploying their pipelines next week, the US threw a potential spanner in the works on Friday when it killed Iranian general Qassem Soleimani.
  • Struggling Spanish construction group Aldesa saw a Christmas bounce in its Caa1-rated bonds, following a December 25 takeover deal and capital injection from China Railway Construction Corporation.
  • Equity capital markets bankers' bullish mood was dented on Friday by falling markets as investors reacted to escalating tension in the Middle East after the US assassination of Iranian general Qasem Soleimani. Banks are hoping this change in sentiment does not damage deal making next week.
  • Damien Loynes has been appointed head of syndicate for Europe, the Middle East and Africa at Crédit Agricole.
  • Vietnamese conglomerate Vingroup Joint Stock Co and its automobile subsidiary VinFast have exercised part of a greenshoe option on their joint borrowing, boosting the loan size to $525m.