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Emerging Markets

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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
The best investment banks are those that can navigate all conditions, not just thrive in the good and survive the bad
CEE names would be an obvious choice to reopen issuance, but euro rates are volatile too

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  • Logan Group Co used the last of its offshore debt issuance quota to price a $300m green bond on Monday.
  • Chinese local government financing vehicle Linyi City Construction Investment Group Co nabbed $300m from an offshore bond on Monday.
  • Aldesa Group, a Spanish construction and engineering firm acquired by state-owned China Railway Construction Corp last year, is tapping the Asian loan market for a €150m deal.
  • Sub-Saharan Africa's Ghana has secured a €280m social loan from commercial lenders and credit agencies. The loan, the kind of which has not been seen in Africa, will support the development of the country's transport infrastructure.
  • United Medical Group, the Russian healthcare company, has launched an IPO on the Moscow Exchange, which is expected to raise more than $500m, according to a source close to the transaction.
  • The IPO of Yahsat, the Abu Dhabi satellite company, will be the largest flotation in the United Arab Emirates for almost four years, according to terms published on Sunday.