News content

Barclays is lining up a sterling denominated additional tier one as the primary market stays alive into August.

Greece’s largest banks could only muster a collective 'no idea' when requested by the Hellenic Capital Markets Commission to inform the public on the estimated impact of capital controls.

French car maker Groupe Renault may have been the only European high yield borrower in the top 20 global capex champions’ list published by Standard & Poor’s on Monday, but car makers overall gained positions in the ranking.

Turkish Airlines will complete the tender for a $3bn loan by November or December, a spokesperson for the company has told GlobalCapital.

Caribbean cable company Sable International, a subsidiary of Cable & Wireless, broke the LatAm new issue deadlock on Friday with a $750m seven year bond that came tight to price talk but wide of where investors had heard price indications earlier in the process.

A $100m three year offshore syndicated term loan for debutante Mitra Pinasthika Mustika Finance has been oversubscribed. The deal, launched into general syndication in May, is due to close imminently.

Despite a flying start, China Railway Signal & Communication Corp’s (CRSC) HK$11.03bn ($1.42bn) IPO in Hong Kong succumbed to the dramatic tumble in China’s stock market, forcing it to price the trade at the bottom of the range.

Korea Development Bank has opened books for an offshore renminbi offering that will be dual listed in Singapore and Taipei, marking the first such deal for the issuer and only the third one ever from a South Korean name.

China Reinsurance Corp (China Re) is looking to list on the Hong Kong Stock Exchange via a $2bn IPO in what could be one of the city’s largest debuts this year.

Greentown China Holdings successfully persuaded bondholders of its two existing dollar notes into a new $500m five year non call three dollar bond on July 31. Bankers on the deal say the exchange offer ended up satisfying both the issuer and investors.

Investors could not get enough of India’s Syngene International as a more than 32x covered book helped propel the biotech firm to price its Rp5.5bn ($86m) IPO at the top of its indicative price range.

Asia’s US dollar bond market has started the week with a bang, with China Auto Rental (CAR), Peking University Founder Group and Shanghai Electric opening books for their respective transactions on Monday, August 3.