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International investors take most of the book for the first time as Zabłocki's investment firm says it expects to make no further sales
Despite rough market conditions and angst over rates, array of deals have been well taken
It is difficult to see issuance conditions growing much better in the foreseeable future
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Sweden has set up a Sustainable Finance Centre, as a partnership between the Stockholm Environment Institute and the Stockholm School of Economics. One of the first projects it is considering taking on is helping the International Finance Corp stimulate green bond issuance among emerging market banks.
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Finansbank’s $780m loan is being provided by 33 banks, led by Mizuho.
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A handful of Chinese issuers are set to go on roadshows next week to gauge investor interest for their offshore bonds.
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Mahindra & Mahindra Financial Services has received “phenomenal” demand for its Rp11bn ($171m) overnight capital increase, which closed about two to three times covered, said a banker on the deal.
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Vietnamese state-owned firm PetroVietnam Oil Corp (PV Oil) is planning to sell 20% of its shares in an IPO in January 2018, according to a Friday statement.
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Gansu Provincial Highway Aviation Tourism Investment Group Co, a Chinese local government financing vehicle (LGFV), opted to hit the euro market to diversity into a different investor base, despite having to pay a decent premium for its debut status in the currency and a weak credit rating.
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