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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
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The London-Shanghai Stock Connect, slated to be launched by the end of the year, has the capital market’s attention, given its vast potential. But bankers and industry associations want more clarity on the operational aspects of the link.
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Hassan Allam, the Egyptian construction firm and utilities firm, intends to list shares on both the local Egyptian Exchange and in London through the sale of global depository receipts. -
A senior fixed income syndicate banker at UniCredit has retired, GlobalCapital understands. Bankers at rival firms hailed him as “a true original and a character”.
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Gulf International Bank has cancelled a five year dollar bond that it began roadshowing at the end of September.
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ProCredit Holding, which owns a group of commercial banks focused on SME lending across Europe and South America, is planning to issue its debut green bond.
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Dubai Aerospace Enterprise (DAE) has used the accordion feature of its dollar revolving credit facility in full, with the leasing company bringing in eight more banks to max out the size to $800m.
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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
