News content
-
Prosafe, which provides offshore accommodation for oil rigs, announced on Tuesday that it had negotiated changes to the terms of loans signed less than 12 months ago.
-
Intesa Sanpaolo opened the 2016 additional tier one (AT1) market on Tuesday with its euro debut, and is now over halfway to its 2017 issuance target.
-
With only one small tap launched so far in Europe's high yield bond market this year, investors are disappointed with the scarcity of deals in the pipeline.
-
Poor liquidity in the additional tier one market could keep new issue premiums in the product high for some time to come, according to some FIG bankers, who saw Crédit Agricole seek the depth of the dollar market again on Tuesday.
-
Saudi Aramco and China Petrochemical Corp (Sinopec) are in talks for a new money loan for the Yanbu Aramco Sinopec Refining Co (Yasref), according to bankers.
-
Following in Poland’s path, around half of the CEE sovereigns have plans to issue bonds in the first quarter of this year, according to Erste Bank.
-
Chile has tightened price guidance on the first bond from Latin America this year, a 10 year euro-denominated deal, to 115bp area over mid-swaps.
-
Doosan Group jumped at an opportunity to exit from Korea Aerospace Industries this week, agreeing to a fixed price for its W305bn ($251.4m) block and offering an attractive discount of nearly 8%.
-
Pioneer Investments has set up a new fund to target the returns available in subordinated FIG debt, in response to the paltry yields on offer in the investment grade credit sector.
-
Australian lender, Macquarie Bank printed an eight year Swiss franc bond on Monday, mimicking its compatriot National Australia Bank's effort a weak earlier.
-
A second batch of six foreign central banks, agencies and supranational institutions have completed registration with the China foreign exchange trading system (CFETS), and gained access to China’s onshore FX market, the People’s Bank of China (PBoC) said in an announcement on January 12.
-
Indonesian car rental service provider Indorent has raised $100m from its debut international syndicated loan. The borrowing came with a greenshoe of $50m, which was not exercised.