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Emerging Markets

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Six Middle Eastern and Asian banks are bookrunners on DAE's first loan since completing acquisition of Macquarie AirFinance
Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
Treasury yields and oil continue to rise

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  • An issuance vehicle behind Panamá’s proposed second metro line, which saw construction begin in October 2015, is looking to sell $619m of senior secured notes on Monday after announcing initial price thoughts of low 4%.
  • Chinese property developer Cifi Holdings has raised HK$2.4bn ($307.3m) from a top-up share sale and private placement on the back of a surge in its stock price.
  • Infrastructure investment firm I Squared Capital has clinched the bid for fixed line asset business Hutchison Global Communications (HGC), giving the three banks that lined up the financing reason to celebrate.
  • US-listed Sohu.com is looking to file confidentially for the IPO of its internet search unit Sogou, the China-based company said on Monday.
  • Buriram Sugar Group Power Plant Infrastructure Fund priced its IPO in Thailand near the top of the marketing range last Friday to raise Bt3.6bn ($108.2m).
  • Chinese property developer Powerlong Group’s Hong Kong-listed arm Powerlong Real Estate Holdings priced a $100m tap of its 2020 bond last Friday.