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Private placements may have hung around much longer than first expected but their dominance may be at an end
Financial institutions triple issuance in the currency this year, while corporates make greater use of euro and sterling taps
Sukuk volumes much slimmer this year
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Chinese local government-owned Dalian Deta Holdings Co has debuted in the international bond market for $300m, while repeat issuer KWG Group priced a tight transaction on Monday.
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Polish convenience store operator Żabka Polska is expected to close its dividend recap imminently, according to market participants. Bankers have compared the deal to the dividend recap transaction that Polish e-commerce platform Allegro completed in May.
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The Servant of the People party was victorious in Ukraine’s parliamentary elections on Sunday. The move cements the new president Volodymyr Zelensky’s control and should allow him to pursue the reforms mandated by the IMF.
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India’s Oil and Natural Gas Corp has launched a $500m loan into general syndication to pay back a bond maturing this year.
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Singaporean commodities company Trafigura has returned to the loan market for its annual borrowing, seeking a $1bn-equivalent to test the market’s appetite for the deal.
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Chinese real estate developer Zhenro Properties Group has raised HK$1.21bn ($154.8m) from a top-up share placement.
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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