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Emerging Markets

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  • Singapore’s Reit issuers are proving a resilient lot when it comes to fundraising in the equity markets, with the latest deal from Capitaland Mall Trust taking this year’s tally to $2.3bn.
  • A veteran debt banker at BNP Paribas is set to leave the firm at the end of October, according to multiple sources close to the situation.
  • Philippines’ Metrobank Card Corp is tapping the syndicated loan market for a $100m borrowing.
  • Chinese outdoor leisure products developer Bestway Global Holding is tapping the offshore loan market for the first time for an up to $150m borrowing.
  • The Republic of Peru may not have yet announced the dual-tranche dollar and nuevo sol trade that it is understood to be planning, but the sovereign opted this week to get going with liability management anyway.
  • A volatile week with certain Latin American companies failing to announce deals after completing roadshows is not putting other credits from the region off trying their luck.