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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
Data
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LG Display has hit the market with a convertible bond of up to $700m, according to a term sheet seen by GlobalCapital Asia. -
Shinhan Financial Group has deepened its sustainable funding pool, raising $500m from a bank capital deal that was appealing to investors.
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Shanghai-based SAIC-GMAC, an auto finance company owned by SAIC Motor Corp and General Motors Company, is planning to return to the auto loan ABS market next month with a Rmb10bn ($1.45bn) three-tranche deal.
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Malaysia’s Maybank returned to the Taiwanese market on Monday to raise $850m from a Formosa bond.
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Chinese robotics company CloudMinds has taken its foot off the pedal for its New York Stock Exchange IPO, initially expected around this week, and is instead waiting for less volatile global capital markets, according to sources close to the deal.
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Beijing Kunlun Tech is revisiting plans to list gay dating app Grindr after winning approval for the IPO from a US national security panel, according to a stock exchange filing from the parent on Monday.
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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
