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Emerging Markets

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Six Middle Eastern and Asian banks are bookrunners on DAE's first loan since completing acquisition of Macquarie AirFinance
Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
Treasury yields and oil continue to rise

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  • Citi’s chief executive officer for India and South Asia has been made vice-chairman of Asia Pacific banking, capital markets and advisory (BCMA), according to a source close to the situation. It is a new position at the US bank.
  • CEE
    Turkey hit screens for a quick trip to the euro market to sell its second bond of the year on Thursday, and managed to slice 25bp from its yield.
  • Indian company Chalet Hotels will start bookbuilding next Tuesday for its up to Rp16.4bn ($231.1m) flotation.
  • Logistics real estate developer ESR Cayman turned to the Singapore dollar market this week to bring down its cost of funding, adding S$150m ($110m) to its coffers.
  • NWS Holdings and Sino-Ocean Group Holding received more than $4bn in orders for their respective bond outings, with their deals in hot demand both in primary and secondary markets.
  • South Korean discount store chain Homeplus is set to launch a real estate investment trust IPO next month, according to a source close to the deal.