News content

Swedbank kicked off what could be a wave of FIG floating rate notes priced above par this week, protecting issuers from a negative quarterly Euribor rate that the European Central Bank could force even lower next week.

Ping An Real Estate Capital has set out for a $200m loan that comes with an unspecified greenshoe option.

South Korea’s Shinhan Bank has mandated five banks for its bank capital debut in the international bond market.

Union Medical Healthcare is due to close books on its HK$951m ($122m) IPO in Hong Kong on Friday evening, with pricing expected over the weekend, according to a source close to the transaction.

Ford Motor Credit Company made its debut in the Singapore dollar bond market this week with a S$350m ($251m) transaction that investors were more than happy to put their money into.

Crédit Agricole has received a bond underwriting licence from Taiwan’s Financial Supervisory Commission (FSC). The country presents a great opportunity for global issuers in dollars but it could be some time before renminbi issuance revives.

Russian gas company Gazprom has raised €2bn ($2.2bn) from Bank of China, marking its largest fundraising directly from a single financial institution and its first bilateral loan from a Chinese lender.

Korea Resources Corp (KoRes) is set to make its first appearance this year in the international bond market, having mandated four banks to work on a dollar offering.

Netmarble, the South Korean computer and mobile game developer, has mandated two international and two local firms for an IPO that could raise as much as W2tr ($1.6bn) this year.

The State of Montenegro locked down €300m towards the refinancing of the €390m of Eurobonds it has maturing in April on Thursday, but was unable to crunch pricing tighter inside initial guidance released earlier in the day.

ED&F Man — Sharjah Islamic Bank — Mauser — Sports Direct

Bankers and investors are preparing for a busy week ahead as four CEEMEA borrowers announced mandates and roadshows this week.