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As war drags on, banks are boosting hoards of cash after deposit outflows
Just getting a deal done should be considered a success
Deals in the past fortnight have been solid but US Treasury yields are volatile and rising
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Vicky He rejoins CS — SG adds to Greater China team — Nomura promotes Tiwaari — UBS Apac ECM vice-chairman leaves — Sternby returns to UBS
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Indian borrowers that tapped the international loan market this year found mixed responses — with their deals either sailing through without a hitch or struggling to gain traction among banks. This sends an ominous signal to companies preparing offshore loans for next year.
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Taiwanese electronic component company Yageo Corp has received a chunky $1.1bn bridge loan to support its acquisition of Kemet Corp, a US-based company in the same industry.
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Hong Kong is set to welcome catastrophe bonds from mainland Chinese insurance companies, after an agreement to relax issuance rules.
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Lagos-headquartered multilateral finance institution Africa Finance Corporation (AFC) signed a $140m-equivalent syndicated Kimchi term loan facility with Shinhan Bank — its first Korean-focused tool, as the bank diversifies its funding sources.
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Beijing Infrastructure Investment Co has returned to the dim sum bond market after a five year break. The tightly priced Rmb1bn ($142m) deal was the first from an investment grade state-owned corporate issuer in the CNH market this year.
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CAF gearing up to transform regional development
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Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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European Investment Bank: Supporting sustainable development in North Africa