News content
-
A protracted slump in equity markets has pushed some risk measures in the US and Asia to extremes.
-
Sharjah Islamic Bank (SIB) is raising a murabaha loan which was launched at $200m but will grow far beyond that size, according to a banker on the deal.
-
Kuwait National Petroleum Company is in talks for $10bn of loans which have been in the pipeline for almost a year, although syndication has not taken off yet.
-
European Union ministers decided on Monday to permanently lift most sanctions on Belarus. But international banks remain wary of leading the country back to the Eurobond market.
-
More banks are expected to bring dual tranche trades in the coming days to get a jump start on 2016 funding, with issuers distrustful of primary market conditions.
-
A $1.775bn loan for ONGC Videsh, the international arm of India’s Oil and Natural Gas Corp, has attracted commitments from just two lenders in syndication, with the deal due to close by the end of this week.
-
India’s National Stock Exchange (NSE) has relented to listing on a rival bourse, but on the condition that regulatory disclosures are made to an independent third party rather than the competitor exchange.
-
Hindustan Petroleum Corp (HPCL) has launched a $465m 21 month refinancing into general syndication with three participation levels on offer.
-
Indonesia is gearing up for its largest IPO in almost a year, with power producer Cikarang Listrindo eyeing a $300m listing on the Jakarta Stock Exchange in the first half of 2016.
-
Union Medical Healthcare has kicked off pre-deal investor education for its $100m-$150m IPO in Hong Kong, which is set to go on for the next two weeks, according to sources.
-
Samsung SDI is in the process of choosing leads to run the sale of its shares in Samsung C&T later this month, according to a source with knowledge of the deal.
-
Indiabulls Real Estate is moving forward with its plans to reduce its offshore borrowings and is in the market with an up to $50m buy-back of its dollar bond.