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Believed to be the largest sale of Islamic home financings to have taken place in the UK
Banker moves to bigger EMEA bond house after four years
New government is seeking an IMF deal, which will likely require a debt rework
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Panama sold $2bn of bonds across two tranches on Wednesday, including a $1.25bn 10 year local bond that was priced over 85bp wide of its global curve. Most observers thought it was an attractive pick-up for investors.
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Chinese property company Leading Holdings Group has made its debut in the dollar market with a sub-one year bond.
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Mexican car parts maker Nemak sold $500m of sustainability-linked bonds on Wednesday in its first issue since it was spun off from conglomerate Grupo Alfa. Nemak’s deal was priced 25bp inside a recent SLB from its similarly rated peer Metalsa.
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Ahead of what is expected to be a long, dry summer in the primary covered bond market, Korean Housing Finance Corporation (KHFC) and Caffil were out on Wednesday with €1bn new issues.
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The Republic of Slovenia was selling its third bond of the year on Wednesday — a debut sustainability offering. The sovereign, which many investors categorise alongside western European investment grade sovereigns, was set to price the deal tight.
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Polyester producer Sasa has placed the first convertible bond by a Turkish listed issuer, raising €200m, as the asset class continues to grow in popularity.
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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