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Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
Sovereign closed 'remarkable' deal despite US Treasury pricing drama
Big, volatile week in EM raises questions around fair values
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State-controlled Central Bank of India (CBI) is looking to issue a chunk of new equity, and will put its plans to a shareholder vote later in June.
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A unit of China National Chemical Corp (ChemChina) has returned to the loan market for a two-tranche borrowing of €550m.
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Wanda Sports Group Company is seeking US Securities and Exchange Commission approval for a float of American Depository Shares (ADS).
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Chinese provincial lender Bank of Guizhou has set the ball rolling for an IPO in Hong Kong, filing a draft prospectus with the city’s bourse.
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In this round-up, US treasury secretary Steven Mnuchin called the talk with Chinese central bank governor Yi Gang ‘candid’ on Twitter, the Mainland warned domestic tourists and students against planning trips to the US, and both the World Bank and International Monetary Fund (IMF) lowered predictions for Chinese GDP growth thanks to trade tensions.
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Ukrainian wood processor Kronospan has secured a €116m loan from the EBRD and commercial lenders. The deal adds light to a desolate market, though a loan for Ukrainian borrower MHP may be at risk due to competition concerns.
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