Location

Ghana may request up to a 30% principal haircut from investors

ALD expects to close its takeover of Leaseplan in the first quarter of 2023

Hedge funds desperate for liquidity boost block activity but kept discounts wide

Context and market conditions are always important when considering the merits of any new issue, but this was particularly the case in 2022, given how volatile markets were. Every CEEMEA issuer had to pay a high all-in price to get their deal away, and new issue premiums varied between issuers. EM issuers faced the toughest conditions in many years during 2022. The Russian invasion pushed investors to flee from riskier assets. The war had practical effects too: disruption to energy and food supplies sent inflation soaring and the resulting interest rate rises meant borrowing costs jumped sharply for CEEMEA issuers. New issue volumes dropped from 2021, particularly among CEEMEA corporates. By George Collard and Oliver West.

Director of investment banking is one of three hires in Dublin

The hospital operator completed a €107.6m deal

Strong domestic demand to support spreads despite shrinking ECB support

European high grade utilities forecast to bounce back from a bruising year

Follows biggest year of social issuance for the development bank, including bonds earmarked to support Ukranian refugees

New senior staff appointment will have a particular focus on Italian origination and advisory

Property sector woes prompt distressed debt makeover

In this table, GlobalCapital Asia offers a glimpse of the bond deals that are in the works