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Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Anna Repetto joins from Barclays
Craig Coben discusses whether it is possible to pursue one’s dreams outside of investment banking while keeping one’s options open about making a return
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Pakistan’s equity capital market is set for a big boost from MSCI’s decision to return the country to emerging market status after a seven year hiatus, with bankers expecting foreign investors to pour into stocks.
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Hotel Lotte could yet give a boost to South Korea’s equity capital markets by going live with its IPO by the end of 2016, announcing the possibility just days after it postponed its transaction.
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Taiwanese green technology firm Giga Solar Materials Corp raised $110m on Tuesday with its debut dollar convertible bond, its first visit to the equity-linked market in nearly two years.
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MSCI’s decision to not include China A-shares into its Emerging Market index drew little reaction with both the currency and the major stock indices holding up well during Wednesday trading.
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China’s efforts to meet MSCI’s demands for index inclusion proved to no avail with the firm rejecting A-shares for a third time. No doubt Beijing is miffed, but MSCI has good reasons to hold off for now.
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Index firm MSCI said on June 14 that it was once again delaying the inclusion of Chinese A-shares in its emerging market index. Here is GlobalRMB's quick guide to what you need to know.
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