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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Data
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Korea Housing Finance Corporation (KHFC) entered the euro market for the first time on Wednesday, where it was met with a warm response for what was also the first ever social covered bond from an Asian borrower. -
Moscow Exchange on Wednesday launched aluminium, nickel, copper and zinc futures as part of a partnership with London Metal Exchange.
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The Central Bank of Tunisia, on behalf of the sovereign, hit the market on Wednesday morning to print a five year euro benchmark.
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Two Middle East credits are on screens for dollar bond, with more in the wings waiting to come to market.
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Emerging market issuance is picking up steam once more, despite the weakening across the board in secondary levels.
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Malaysia’s Tenaga Nasional Berhad (TNB) raised $750m from a Wakala sukuk sale on Tuesday, navigating market worries by using a targeted approach for its deal.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
