ING
-
Fertiliser producer EuroChem signed a $800m pre-export finance facility (PXF) refinancing last week, with the borrower shuffling its bank group as Chinese lenders play a growing role in Russian corporate loans.
-
Hong Kong and China-based fintech lender WeLab could be a sign of things to come in the Asian syndicated loans market as the start-up seeks out its debut borrowing. Some banks will no doubt cast off the industry as a fad and give it a miss. But now is as good a time as any to take a fresh look at fintech.
-
Details have emerged on a $900m triple-tranche borrowing for Mercuria Asia Group Holdings and Mercuria Energy Trading, which has launched into syndication.
-
Deutsche Bahn was alone in the euro investment grade corporate bond market on Thursday, as it printed a €500m 12 year transaction on a soft day in financial markets.
-
Hong Kong-based WeLab is set to dip its toes in the Asian syndicated loans market for a $50m borrowing, potentially fuelling a trend of fintech start-up lenders hitting the wholesale market for funds.
-
Russia’s EuroChem will sign a five year loan imminently. The refinancing sees the fertiliser producer aiming for tighter margins than its last post-sanctions loan, said two bankers close to the deal.
-
European Investment Bank has kept its pledge to build a Polish zloty benchmark curve, offering its second ever public deal to the market on Wednesday. The deal was backed by domestic investors, and benefited from a strong order book.
-
Ukrainian food oil producer Kernel received oversubscription of about 40% in its latest $300m pre-export finance facility but chose to keep the loan at the target size.
-
US metal packaging manufacturer Crown Holdings on Thursday priced a dual currency note that will refinance its loans.
-
GlobalCapital announces the results of its first full scale, standalone set of Sustainable and Responsible Capital Markets Awards.
-
WPP, the UK advertising and public relations firm, came to the sterling bond market on Wednesday for a £400m 30 year issue that included a novel choice of bookrunner.
-
Two European real estate investment companies have wrapped up loans in the last week, though borrowing by the sector is lagging behind bumper 2015 volumes.