News content
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Kunlun Energy Company, a subsidiary of China National Petroleum Corp (CNPC), opened books to a 144A/Reg S dual tranche dollar bond split between five and 10 year deals. -
Steel company ArcelorMittal has refinanced a $6bn revolving credit facility, with heavy oversubscription.
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The European Financial Stability Facility could next week provide another test of market depth in what some bankers are calling a “scary” euro market.
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Xella, the German building materials manufacturer, has closed books on a €533m refinancing and amend-and-extend loan procedure that was oversubscribed, allowing for price cuts.
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Europe’s insurers are planning a raid on the tier two market in the second quarter, but may have to wait until a growing pipeline of bank tier two is cleared.
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HNA Airport Holdings is in the market for a $70m loan that will be used for extension of the Sanya International Airport.
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Poland's mBank has mandated Commerzbank, Credit Suisse, HSBC and JP Morgan to arrange a bond, with investor meetings starting early next week.
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Shanghai Electric Group Company (SEC) is preparing to issue its first euro bond having mandated 10 banks for a series of investor meeting starting on May 8.
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China Water Affairs Group cancelled plans to raise as much as HK$805m ($104m) via a placement of shares, after launching the transaction to investors on the evening of May 5.
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Ukrainian steelmaker Metinvest has postponed plans to restructure a Eurobond that matures in just two weeks.
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China Construction Bank (CCB) has launched the first bank capital deal out of China this year, taking bids for a dollar tier two offering on May 6.
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The Republic of Indonesia has announced the dates of investor meetings for a dollar sukuk, having mandated four banks to work on the bond.
