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Emerging Markets

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How well the government handles the disaster could dictate its ability to push through difficult reform
Underwriting left unused after deal is 33% oversubscribed
Driving pricing lower was the small size and the green label

Data

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  • Smart wearables manufacturer Huami Corp has launched book building for its $ 114m follow on American Depository Shares (ADS) offering.
  • Redco Properties Group returned to the market with a two year note on Tuesday, three months after it priced a larger 364-day transaction.
  • The US business of Brazilian meatpacker JBS continued to improve its liquidity position with its second bond issue in April on Tuesday. It reopened three existing bonds as part of a liability management exercise.
  • A softening in Ukrainian bond spreads may prompt the country's debt management officials to drag their feet over issuing its next public bond. It would be better for them to get moving.
  • Rustranscom, the Russian freight and logistics operator, has decided against a listing that it had begun marketing in London and has opted instead for a private equity transaction.
  • CEE
    DCM bankers are expecting a sovereign bond from Ukraine imminently, after Vladimir Zelensky, a 41 year old Russian-speaking comedian, won the country's presidential election on Sunday.