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Two of Bulgaria's credit ratings now have positive outlooks
Some of last week's sovereign trades suffering on secondary
Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
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While some emerging market loans bankers have noted an uptick of activity since a painfully slow January, those covering Russia are still patiently awaiting news of concrete transactions. But an imbalance between supply and demand has put international lenders in an awkward position, forcing them to rethink their strategies.
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Semiconductor Manufacturing International Corporation (SMIC), a red-chip issuer, sealed a three year Rmb1.5bn Panda bond at the end of last week.
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The Securities and Exchange Board of India has made a series of changes to the regulations for trusts to help give the nascent market a boost.
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KKR has hired former Goldman Sachs executive Kate Richdale as its head of strategy and business development in Asia Pacific, a new job.
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New economy-focused logistics company ESR is looking for the greenlight to list in Hong Kong, having filed a draft IPO prospectus with the city’s stock exchange.
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Chow Tai Fook has launched a HK$6bn ($764m) loan into general syndication after attracting seven banks at the senior level.
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