Top Section/Ad
Top Section/Ad
Most recent
BWICs spike and spreads widen but market remains constructive
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
Dasha Sobornova joins from Akin Gump with experience across asset classes
Trade body for levfin investors turns to leading rating analyst
More articles/Ad
More articles/Ad
More articles
-
State-owned Hindustan Petroleum Corp was planning a five year loan worth $300m on Thursday as EuroWeek Asia went to press. But the Indian borrower will have plenty of competition: Indian Railway Finance Corp and Jindal Steel & Power both hope to launch deals within the next few days.
-
Private lender Federal Bank has launched a $70m loan into syndication, becoming the latest Indian lender to tap dollar liquidity. Other small banks are also now mulling deals — and two new deals could launch next week.
-
Chinese hypermarket operator Sun Art Retail Group looks set to price its Hong Kong IPO at the top of its range, after big demand left the books covered within days.
-
Ukrainian steel producer Metinvest is in talks with banks for a $1.2bn five year pre-export financing deal. The deal will be the largest loan for a Ukrainian credit since the onset of the financial crisis in September 2008.
-
Vedanta Resources is nearing the end of a year-long battle to acquire Cairn Energy’s Indian assets, after the government gave the deal conditional approval at the end of last week. Bankers are now rallying to close a $2.97bn loan — the final part of a three-pronged financing strategy — so that Vedanta can wrap up the deal by the end of the month.
-
Bank of America-Merrill Lynch snagged the top spot for bookrunning global asset-backed securities in the second quarter of 2011, pushing out $6.07 billion in new deals, according to data provided to TS by Dealogic.