News content
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German offshore wind operator Wind MW has closed a green project bond that will refinance debt backing its construction of an offshore wind farm.
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Ares Management, the asset management firm, has purchased a £500m portfolio of performing UK middle-market financial sponsor-backed term loans from Barclays’ corporate banking division.
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Abengoa, the engineering and renewable energy firm, woke up on Monday up to two lawsuits from share and bond holders in Spain, while lenders agreed to inject €100m so the company could meet December’s payroll.
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Black Sea Trade and Development Bank (BSTDB) on Monday sold the second note from its EMTN programme, after drawing demand from asset managers.
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Finnish pulp and paper maker Stora Enso has tightened margins again on its €700m revolving credit facility, this time by 20bp, after having already reduced margins on the deal by 35bp two years ago.
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The European Investment Bank has revealed its funding target for 2016.
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Spanish government bonds sold off on Monday as the country enters a period of political uncertainty following Sunday’s election.
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Ukraine announced a moratorium on the $3bn bond held by Russia’s National Welfare Fund on Friday. The moratorium also covers Ukraine’s sovereign-guaranteed loans for Ukravtodor and Yuzhnoye.
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Aegean Oil Terminal Corp, a Greek oil rig construction firm, has signed a $120m loan with four Gulf banks.
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A lack of trading activity on Monday shielded Spanish FIG spreads from the worst effects of an inconclusive general election result, but the riskiest paper took a hit.
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Indian pharmaceutical company Strides Shasun Arcolabs has priced a qualified institutional placement — which raised Rp11.03bn ($166.4m) — below its floor price, according to a filing with India’s National Stock Exchange on Monday.
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YiChang HEC ChangJiang Pharmaceutical Co has priced its HK$1.67bn ($215.4m) IPO in the middle of the range, driven by price sensitive investors in the final book.