News content
-
The equity capital markets this week have been dominated by IPO processes around Europe, the wrapping up of two significant rights issues, and a growing pipeline for issuance after the UK’s general election.
-
The Middle East and Africa are driving CEEMEA bond volumes this week with three debut issuers entering the market— Africa Finance Corp, Noor Bank and Ahli United Bank.
-
Euro supply from public sector institutions is being stifled by a double whammy of ultra low yields in the currency and escalating tensions over Greece's financial future.
-
Golden Agri-Resources (GAR), through its subsidiary Golden Assets International Investment, has raised S$125m ($92.8m) from a three year bond. The palm oil plantation company is the first commodity company to sell a syndicated bond in Singapore this year.
-
China Zhongdi Dairy Holdings Co has filed a listing application with the Hong Kong Stock Exchange via sole sponsor Morgan Stanley.
-
JAB Holding, the investment company of the Reimann family that owns fashion brands Jimmy Choo, Bally and Belstaff, has mandated banks for its second euro bond.
-
Venetian Macau has exercised an accordion feature that was included as an additional component of a $1.5bn six year facility it wrapped up in February 2014.
-
The Basel Committee has removed six ‘national discretions’ from its capital framework, and is considering more action in an attempt to improve comparability between jurisdictions.
-
India’s UFO Moviez is gearing up to go live on the Indian stock market through a Rp6bn ($95m) IPO, which is set to provide some of its existing shareholders the perfect window to trim down their holdings.
-
Shenzhen Qianhai Financial Holdings has successfully completed its maiden outing in the offshore renminbi (CNH) market. A good window, strong government link and a credit enhanced structure all helped the debutante achieve both its size and pricing goals.
-
Duniatex subsidiary Delta Merlin Dunia is seeking a $250m dual tranche financing in senior syndication. The Indonesian company is offering banks generous margins, based on a leverage grid.
-
Defaulting sovereign Argentina overcame legal risks and opposition from holdout creditors to increase the size of a local law dollar bond sale on Tuesday.