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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
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China East Education Holdings has launched bookbuilding for its potential HK$5.3bn ($681m) IPO.
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Emerging markets credit traders Vivek Mittal and Vikramdeep Gill have departed Deutsche Bank.
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GeoProMining Group, a mining company operating in Russia and Armenia, announced its first ever bond on Thursday — a Reg S dollar five year.
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Issuers will be hoping for better conditions than what has been seen this week, as four of them head out on roadshows on Monday.
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Kuwait International Bank (KIB) made a spectacular bond market debut on Wednesday, securing a $4.6bn book for a $300m additional tier one sukuk bond. The issuer also impressed by placing 51% of the paper with investors from outside the Middle East region.
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Isabel Martin Vazquez, a former supranational, sovereign and agency and emerging markets debt capital markets banker at Barclays, has joined Spanish advisory firm Didendum as a partner, to lead an expansion of its business from London.
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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