News content
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Victory City Co has approached the syndicated loan market for a HK$2.388bn ($308m) fundraising that has seven bookrunners at the helm.
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TUS Holdings managed to raise $400m from its debut international bond this week, with anchor orders and private banks driving demand.
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Hong Kong property developer Lai Sun Development (LSD) is seeking HK$924.3m ($119m) by way of a rights issue, announcing a one-for-two offering on Tuesday.
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China is likely to see the volume of global payments denominated in RMB rise to match its weight in the global economy, according to Esmond Lee, executive director, financial infrastructure, at the Hong Kong Monetary Authority.
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Investor demand for Asian debt was put to the test this week when Singapore's Stats ChipPac executed the region’s first non-Chinese high yield bond in more than three months.
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As the world's largest consumer of commodities, China is trying hard to make the RMB a bigger player in those markets. But while the long term strategy makes plenty of sense, its short term implementation faces a number of headwinds, despite the Hong Kong Exchange Group’s (HKEx) best intentions.
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Goldman Sachs, HSBC and Morgan Stanley will lead Mexican television broadcaster Grupo Televisa’s next international bond, although there is no indication yet of when it will happen.
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Novorossiysk Grain Products Plant, Russia’s largest grain export shipping terminal, has set the price range and opened the book for its IPO, in which it will join the first section of the Moscow Exchange.
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A delayed agreement struck between Greece and its European partners on Tuesday looked set to reassure investors considering investing in the capital raises of Greece’s four largest banks.
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Mondelez International, the US snacks group that owns Cadbury and Oreo, satisfied its taste for long dated sterling debt on Tuesday, reaching far out along the curve to issue a £400m 20 year bond.
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Green bond issuance is enjoying its busiest quarter ever as deals from the International Finance Corporation and ING Bank on Tuesday took volume to a record level.
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The Republic of France may not be alone among public sector borrowers in throwing off the shackles of the European Union’s Stability and Growth Pact next year, as Europe faces the threat of terrorism and financial demands of supporting migrants fleeing war in the Middle East, according to a head of public sector DCM.