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Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
Sovereign closed 'remarkable' deal despite US Treasury pricing drama
Big, volatile week in EM raises questions around fair values
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While underwriters in the international markets tend to have an important role in price discovery and distribution, some of China’s onshore banks are trying something different and are acting nothing like underwriters.
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Baidu-backed video streaming platform iQiyi kicked off bookbuilding for its $2.38bn US listing on Monday and was covered quickly.
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Brazilian state oil giant Petrobras has launched a tender offer for up to $4bn of debt across six different bonds maturing between 2020 as 2023 as it continues to tidy up its liabilities.
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Moody’s has warned that InRetail Shopping Malls’ plans to raise new debt — in part to fund an acquisition by a separate subsidiary of its parent company — were a 'distinct credit negative', as the Peruvian company plots investor meetings this week.
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Credit Suisse has named Sergio Morita as Ashish Sharma’s replacement to helm the loan syndications desk in Asia Pacific, according to an internal memo seen by GlobalCapital Asia.
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The Chinese leadership picks Yi Gang as the next governor of the People’s Bank of China, Chinese bankers are confident about the prospect of the country’s economy, and Panama prepares to sell $500m worth of Panda bonds by the end of the year.
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