News content
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Georgia Power has become the second investment grade US utility — and the second Southern Company subsidiary — to issue a green bond, as its peers assess the instrument’s potential.
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Macquarie Group’s Delaware Investments has hired a team of emerging markets equity investors from UBS Asset Management
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Turkey has released a tight range of price guidance for its long 10 year dollar bond. The deal is expected to be priced later on Wednesday. Meanwhile compatriot corporate credit, Koc Holding is hitting the road -
The Islamic Development Bank has released initial price thoughts of mid- to high- 50bp over mid-swaps for a five year dollar benchmark sukuk, with central banks expected to be the biggest buyers.
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Mauser, the German industrial packaging producer, has priced its €100m incremental term loan in line with guidance.
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Two of Italy’s popolari banks have registered to be listed on the Italian stock exchange, and with two others entering advanced merger talks on Tuesday, the country finally looks to be making headway on the banking reforms passed last year.
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UBS has hired Alice Crawley from Bank of America Merrill Lynch to manage business selection and conflicts for its investment banking businesses, a new job at the firm.
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The only spark of new issue activity this week from CEEMEA is an Islamic Development Bank sukuk, but EM bankers in London are also busy with a European roadshow from Femsa.
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IBM is looking to offload its entire shareholding in Chinese tech firm Lenovo, launching a HK$1.16bn ($150m) block on Wednesday evening.
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India's Chambal Fertilisers and Chemicals has raised a loan of $425m from three lenders and intends to use the money to set up a plant in the country.
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Tata Motors has allocated its $250m loan among a score of lenders, with the deal coming close on the heels of a separate facility for the same company.
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Emirates Global Aluminium has completed its $4.9bn loan refinancing, with eight lenders joining the underwriting banks, as this week the borrower announced its income had almost halved last year.
