News content
-
Bahrain is planning a dual tranche international bond deal, according to bankers that have seen the Kingdom’s request for proposals (RFP).
-
China Development Bank sealed a $1.56bn dual-currency bond on September 29, coming to the market on a day of immense volatility in global stocks. But anchor orders helped save the deal, which saw very little demand from international investors. -
The Institute of International Finance estimates global investors have sold $40bn in emerging market assets in the third quarter of this year, making it the worst quarter since the global financial crisis.
-
European Central Bank could be pushed into more than doubling its €1tr quantitative easing programme, according to Standard and Poor's.
-
Turkcell will add to a busy September of funding by signing up to €1.25bn of loans with the China Development Bank in the next few days.
-
China Reinsurance is slated to start gauging demand for its $2bn Hong Kong IPO on October 5, with books set to open a week later, according to a banker working on the transaction.
-
Equity capital markets is a hard gig this week. Trading in Glencore, the mining and commodity trading group, is a mess, the market as a whole is highly volatile and bankers expect some IPOs to fall by the wayside. In fact, one deal already has.
-
The increasing attractiveness of euros over dollars has led one public sector borrower to mandate for its first ever benchmark in the currency — and more debut issuers could follow.
-
Wynn Resorts Macau (WRM) announced on September 30 that it has expanded both the size and maturities of its existing secured bank facilities.
-
Shandong Weigao Orthopaedic Device Co is taking another stab at a Hong Kong listing, tweaking the list of sponsors leading its deal.
-
As CEEMEA bond market spreads continue to drift wider, Gazprom has been the only issuer brave enough to forge ahead with a roadshow in the hope of finding a good window to print a euro denominated bond.
-
Europe’s corporate bond market remains dishevelled, after a rough September. One banker this week described the market as “a bit chaotic”, partly because of the awful news about Glencore and Volkswagen.
