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Numericable-SFR, the French telecoms company controlled by Altice, has issued new loans of €1.6bn, including a €500m European tranche due January 2023.
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Ukraine this week received the necessary votes to restructure 13 of the 14 Eurobonds it targeted, with the leaving just the problem of a Russian-held $3bn bond to be solved. But even with an end to the restructuring odyssey in sight, CEEMEA watchers are worried about the economic outlook and the nature of the restructuring agreement.
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Mitsubishi UFJ Lease & Finance has priced its second dollar bond of the year, with its safe haven status attracting a strong following despite a sovereign rating downgrade.
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Investec is looking for two syndicated loans totalling $530m, one for its South African business and the other for its London arm, according to bankers on the deal.
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Garfunkelux, the German debt collection company, on Thursday issued £795m of notes, in the first sizable European high yield issue for three weeks. Market participants are now eager to see how the deal will trade in the secondary market.
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Rabobank’s €204bn mortgage portfolio is likely to be a prime target for tens of billions of euros in sales, as the Netherland’s largest bank prepares to shed €100bn or more in assets to comply with forthcoming rules.
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Peru will meet investors in Europe next week ahead of a potential return to the euro bond market for the first time in more than a decade.
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The next stage of RMB internationalisation needs to focus on improving the connectivity between the onshore and offshore market to improve liquidity. This could be done encouraging more foreign entities to raise funds through Panda bonds and providing more offshore investment routes for onshore RMB, says Zhang Weiwu, general manager of ICBC Singapore, to GlobalRMB.
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Beijing Environment Sanitation Engineering Group Co (BESG) has mandated banks ahead of launching a roadshow next week in Asia and Europe.
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DVB Bank SE reappeared in the primary market on Thursday, adding a €500m no-grow 4.5 year note to its senior curve.
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Mexican retail chain Soriana is meeting investors ahead of a potential bumper peso deal as deal pipelines fill up in Latin America’s stronger economies.
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Lithuania has loosed 10 and 20 year euro tranches on the market, demonstrating confidence in duration as the prospects of an imminent US rate hike fade away yet again.