News content
-
The Singapore dollar bond market is welcoming a new participant this week with Swiss lender Julius Baer going live on November 11 with an additional tier one trade – the first time a foreign bank is issuing an AT1 in the Lion City.
-
Minsheng Financial Leasing’s offshore loan has generated enough demand to allow for an increase from the launch size of $200m, despite the borrower slashing the margin by 45bp after launching into general syndication.
-
The new qualified domestic institutional investor (QDII2) scheme may be the missing link that allows global money managers to really tap into China's potential for outward investment. A necessary condition to that strategy, however, is a corporate structure that until recently was barred to asset managers — the wholly foreign-owned enterprise (WFOE).
-
Beijing Properties and Miclyn Express Offshore (MEO) are making their inaugural foray into the offshore bond market with dollar-denominated offerings.
-
Argentina’s leading mortgage lender is looking to raise at least $200m in the international bond markets to finance a tender offer of outstanding debt due April 2016.
-
China Everbright International is mulling a listing of its green technology arm on the Hong Kong Stock Exchange, as the HK$55.5bn ($7.16bn) company looks to monetise the unit.
-
After waiting more than six months, Luxembourg has obtained its first licence under the renminbi qualified foreign institutional investor (RQFII) scheme. Industrial and Commercial Bank of China (Europe) received an approval on November 2 and is aiming to get a quota within the month.
-
Singapore-listed property developer Oxley Holdings has closed its S$110m ($80m) bullet loan with three lenders joining the syndicate.
-
Kino Indonesia opened books for its Rph1.5tr ($110m) IPO on November 10 with a strong shadow anchor book built ahead of time, giving the leads visibility on the whole transaction.
-
The Chicago Board Options Exchange (CBOE) is joining forces with Environmental Financial Products, the company that once pushed for US industrials to trade carbon credits, in a bid to go after a new niche derivatives market: small community and regional banks.
-
Amadeus, the Spanish company that provides IT systems to the air travel industry, reaped the rewards of patience on Tuesday after sitting in the pipeline for five weeks as its €500m six year no-grow bond brought in an order book of over€4.75bn.
-
ABN Amro has started bookbuilding for its re-privatisation IPO of at least €3bn and got the deal covered. One banker said the deal looked "cheap as chips" at the bottom end.