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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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The rout of the incumbent president Mauricio Macri in the first round of the Argentina elections has investors worried. Argentina’s debt, and that of other 'vulnerable' credits, suffered a huge sell-off early on Monday. But bankers believe that it was not so bad that the primary market will not reopen in September.
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Middle East loans activity has fallen this year, confounding last year's hopes among bankers, with blame falling indirectly on the US-China trade war and sluggish global growth.
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Hengfeng Bank will soon become the third Chinese bank to be taken into state control, since the People's Bank of China (PBoC) took over Baoshang Bank in May — a move that pushed Hengfeng into a liquidity crunch.
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A former co-head of Asia Pacific equity capital markets HSBC Alexis Adamczyk has started work at Far East Consortium International, just months after leaving the bank.
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Vietnam’s Mong Duong Finance has launched a $484.71m borrowing into general syndication, in tandem with a bond it issued at beginning of the month.
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The Indian government has issued a request for proposals (RFP) for bookrunners to run the listing of Telecommunications India (TCIL).
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa