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  • Edgar Madinaveitia, a managing director in Latin American debt capital markets at Credit Suisse, has left the bank, according to sources away from the bank.
  • Peruvian cement company Cementos Pacasmayo is trying to replace half its dollar bonds with a local currency bank loan.
  • Bankers love to advise their clients to look at the bigger picture and print now, for fear that that in just a few weeks or months, they could be facing a much tougher time. So the chorus of DCM officials criticising Russia for its timing in selling a €1bn seven year bond this week is more than a little hypocritical.
  • High hopes for a bumper corporate finance year in Saudi Arabia have been dashed by the pulled Aramco IPO, the blockade of Qatar and the murder of journalist Jamal Khashoggi, writes David Rothnie.
  • SRI
    HSBC has appointed a new head of sustainable bonds for EMEA, in its debt capital markets team, after Victoria Clarke left to join Barclays in August.
  • CEE
    Fears that the Russian Federation's €1bn bond issue would only find demand domestically seem to have been assuaged as a source close to the deal said well over half the deal was sold to international investors. That source also denied the deal was in any way designed to bait the West, and said its timing was simply a matter of wanting to get ahead of worsening market conditions.