Top section
Top section
Borrowing costs for Gulf issuers are already falling since Sunday's announcement
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
Investors were eager to tender their bonds despite initial resistance
Data
More articles
More articles
More articles
-
Arçelik, the Turkish household appliance manufacturer that owns Beko and Grundig, is set to make its mark in the green bond market. The deal, some say, will be a test of investor appetite for Turkish corporate paper, which so far has been strong, despite the heightened volatility affecting the country in the first four months of the year. -
Argentine sovereign bonds rallied for a third consecutive day on Tuesday amid expectations that the Paris Club group of official creditors will show leniency over a looming $2.4bn payment. But some in the market saw more value in the country's provincial bonds, and the Province of Buenos Aires hinted after the close that it is edging closer to agreement with its bondholders after more than a year in default.
-
A landmark in global energy policy was reached on Tuesday when the International Energy Agency published its Net Zero by 2050 model, its first detailed attempt to set out how the energy industry could transition to net zero greenhouse gas emissions.
-
Momentum is picking up among Russian borrowers seeking to raise green or ESG-linked loans. Sibur, the petrochemical company, is the latest borrower to enter the market, which bankers say is attracting companies from all over the spectrum.
-
United Overseas Bank managed to extend its curve with €750m of eight year funding in the covered bond market on Tuesday at levels were well inside its previous blowout deal issued in November. However, bankers off the mandate gave the deal mixed reviews.
-
Emirates NBD, the biggest bank in Dubai, has mandated banks to arrange an additional tier one (At1) deal. It will follow another bank from emirate, Dubai Islamic Bank, which recently broke records with its own AT1 transaction.
Sub-sections
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
-
Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
-
-
Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
