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Inner Mongolia-based China Shengmu Organic Milk is testing appetite in the syndicated loan market for a $120m three year fundraising.
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IMF staff have issued a detailed report containing the analysis and recommendations made to the Fund's executive board ahead of its SDR decision. The report offers a useful analysis into the RMB's standing globally, including its importance as a reserve currency and the level of trading it commands in global foreign exchange markets.
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Bharat Oman Refineries (BORL), which sent out a request for proposal for a loan of $125m in October, has mandated a group of three banks for the financing.
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The Reserve Bank of India has come out with a new framework for raising offshore debt, with one of the rules preventing non-banking financial corporations (NBFCs) from issuing anything other than rupee denominated debt.
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CYBG may be an ugly name, but it is going to become a familiar one. The Clydesdale and Yorkshire Bank Group will price its IPO on February 2 next year, and begin trading on the London Stock Exchange the same day.
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BlackRock, Bank of New York Mellon and State Street have agreed to include Markit’s exchange traded fund collateral lists in their collateral management schedules.
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Royal Bank of Scotland has signed up three buyside firms to fund a planned expansion of its UK mid-market private equity origination business. AIG Asset Management, Hermes and M&G are all entering the sector for the first time, and will have privileged access to new originations from the British bank.
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ISDA’s Determinations Committee on Friday delayed for the third time making a decision on whether Abengao has triggered a bankruptcy credit event, saying it needed more information.
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The European Bank for Reconstruction and Development has printed a medium term note linked to Kyrgyz government debt.
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American Honda Finance has visited the sterling bond market for a £250m seven year deal, its inaugural offering in the currency.
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Unédic and the Province of Quebec on Monday became the first issuers to print in euros since the European Central Bank disappointed market participants at a meeting of its governing council last week.
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Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.