News content
-
Shanghai Stock Exchange (SSE), China Financial Futures Exchange (CFFE) and Deutsche Börse agreed on Wednesday to launch a joint venture that would allow international investors to trade financial instruments offering underlying exposure to China. -
Dubai Islamic Bank has received over $1.6bn in orders for its first senior sukuk in three years, and plans to price the note on Wednesday afternoon.
-
The Republic of Ukraine priced a $1bn five year US AID backed deal on Tuesday — it’s second such transaction — and Ukrainian analysts expect another $1bn deal before the end the year.
-
New issue concessions of 5bp were up for grabs on both Lloyds Bank and SBAB’s three year floating rate notes on Wednesday.
-
Another four borrowers dived into the euro FIG market on Wednesday morning, and bankers are warning high new issue premiums may be here to stay.
-
Dongfeng Peugeot Citroën Auto Finance Co is looking for an Rmb800m ($129.5m) loan onshore. The financing, which is currently in general syndication, has two foreign banks at the top.
-
-
Turkish construction company Limak has obtained €395m of long term project finance loans from banks.
-
Ukraine’s State Export-Import Bank (Ukreximbank) has reached a preliminary agreement with investors on restructuring its Eurobonds, using terms that provide a benchmark for State Savings Bank of Ukraine’s own efforts at altering its debt, said analysts.
-
The reopening of the euro FIG market on Tuesday has led to a surge of issuance this week, but premiums remain high and some bankers are already worried about the market overheating.
-
Singapore’s Ascendas Reit return to the domestic bond market this week, with the well-known name printed a S$150m ($111m) seven year offering.
-
The public sector borrower market is enjoying stability after weeks of turbulence, with a pair of issuers trebling the number of euro benchmarks so far this month.
