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Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Issuer closes its first overseas trade since Moody's downgrade in May
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The Republic of Kenya will return to international bond markets this week after a two year hiatus. The mandate added to the growing pipeline of sub-Saharan African sovereign trades.
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Turkey launched a June 2026 dollar sukuk on Tuesday, which some market participants believe is set to come "cheap" as the sovereign looks to extend its curve in the asset class.
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The UK government is consulting with market participants about new powers enabling it to block companies from listing their shares in the country on national security grounds. The move comes after concerns were raised about the 2017 listing of energy and metals company EN+.
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Red-chip issuer China Everbright Environment Group has raised Rmb2bn ($313m) from a Panda bond, ahead of a planned outing by sister company China Everbright Limited this week.
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Vietnam’s SSI Securities Corp has returned to the loan market, just six months after its last deal.
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Bayfront Infrastructure Management has sold the world's first public sustainability securitization deal that was part of a rare project finance trade. Its chief executive tells GlobalCapital Asia that this is unlikely to be its last.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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Sponsored by Emirates NBD Capital
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Sponsored by European Investment Bank
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