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Emerging Markets

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The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal

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  • The Shanghai Stock Exchange (SSE) has published statistics of the companies that have applied for and listed on the Star board since its launch, giving market participants a closer look at the firms that the bourse has attracted.
  • The Ministry of Finance of the Lao PDR is inviting banks to join a €135m five year loan that Credit Suisse pre-funded in June.
  • India’s PNB Housing Finance is breaking a five-year absence from the loan market, launching a new $75m deal into syndication.
  • Hong Kong-based small appliance maker JS Global Lifestyle Co has kicked off pre-deal investor education for its listing on the stock exchange, according to a source familiar with the matter.
  • China’s Star board, the local version of the US Nasdaq, has great potential to highlight the country’s move towards reforming its IPO market — if it’s done right.
  • Goldman Sachs has rejigged the senior leadership of its Asia ex-Japan mergers and acquisition team, according to internal memos seen by GlobalCapital Asia.