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Deal liberates capital and tempts investors to take new frontier market risk
Deal's concession came to just a few basis points
The country is one of the most vulnerable in EM to energy price shocks
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Central and eastern European telecoms provider PPF Telecom has clinched the support of its noteholders for amendments to its bond documentation that will grant it greater flexibility to acquire assets.
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Mining company Gran Colombia Gold Corp sold a senior unsecured $300m five year note on Wednesday, with bankers saying that the company had offered a pricing pick-up that could be attributed to the use of proceeds — to fund a new project in Guyana.
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Mainland-based Xinte Energy Co raised HK$1.03bn ($132m) on Wednesday by selling a block of new H-shares, its debut equity issue.
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The Thai subsidiary of Taiwan’s Chailease International Finance Corp has returned to the loan market.
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China’s regional lenders have been busy tapping both the onshore equity and debt markets for capital this year, but a slew of recent rating downgrades serve as a warning that the pressure facing the country’s small lenders remains high. Addison Gong reports.
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Hyundai Capital Services sold a three year bond denominated in offshore renminbi this week, raising Rmb700m ($108m) at an attractive level versus its existing dollar funding.
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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