News content
-
CDB Leasing Co, an arm of China Development Bank, is planning to raise around $1bn via a Hong Kong IPO in the first half of 2016, with three banks expected to lead the transaction.
-
Emirates NBD has turned up in size in the private medium term note market, printing a pair of clips, one of which was its largest MTN in more than five years.
-
China Reinsurance’s HK$15.6bn ($2.01bn) listing in Hong Kong is multiple times covered, with the leads on the deal telling investors that pricing is expected in the upper half of guidance.
-
Qatar Islamic Bank (QIB) has picked banks for a senior Reg S sukuk, and kicks off investor meetings this week.
-
South Korea is set to see a long awaited covered bond this week, with Kookmin Bank finally starting to take orders for what will be the first such issuance since the government enacted new laws last year.
-
Bankers covering Latin America are optimistic about the prospects for primary supply from the region this week, with Mexican names the top picks to test the market.
-
CEEMEA has only seen a tap so far this week after its explosive restart, but mounting mandates and a strong secondary performance for the recent transactions mean more supply should be just around the corner.
-
Looking at stockmarket performance only, you wouldn’t know this was a strong week for equity capital markets. Yet ECM issuance is experiencing something of a revival, with several significant block trades and IPOs having succeeded.
-
Singapore and China have announced new initiatives to boost the internationalisation of renminbi (RMB) through the city-state.
-
Fitch has downgraded a series of project bonds issued by Odebrecht’s oil and gas subsidiary for the fifth time this year following the early termination of an oil rig contract by Petrobras.
-
This week began with three small euro offerings on screens from Landsbankinn, Carrefour Banque and NordLB as investors and issuers remained defensive after a recent run of gains in equities was met with a loss on Monday.
-
China Water Affairs Group has picked one bank to arrange a $100m fundraising, hitting the loan market for the first time in more than a year.