News content
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Wind turbine manufacturer Senvion is seeking to issue €400m of senior secured green bonds, in connection with its sale to Centerbridge Partners for €1bn.
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Dubai’s Noor Bank is planning a five year dollar sukuk and its lead managers are planning to open books for the deal on Tuesday.
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Four fifths of corporate respondents to a new survey still don’t have a clear understanding of the potential of the RMB as a trade currency, according to a new study commissioned by international law firm Allen & Overy (A&O).
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India’s VRL Logistics has closed books on a hugely successful Rp4.68bn ($75.20m) IPO, with the offering 74.26x covered. The trade is now expected to price at the top end of guidance.
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Middle Eastern issuers are enjoying strong demand for medium term notes from investors struggling to find yield in their home countries, according to MTN dealers.
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Vakifbank has signed a loan of over $1bn equivalent with banks, using a 367 day tenor and going bigger than its deal last year.
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Deutsche Pfandbriefbank (Pbb) has made a tender offer for up to €250m of its first benchmark senior unsecured transaction, issued in September 2012.
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China Culiangwang Beverages is planning to net up to HK$1.059bn ($137m) by way of a two-for-one rights offering, announcing the equity raising just days after selling one of its units to drinks giant Coca-Cola.
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Niccolo Manno has been promoted to the position of JP Morgan’s new head of Asia equity capital markets syndicate, following the departure of Eliot Fisk from the bank.
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Taiwan Broadband Communications’ NT$32bn ($1.02bn) seven year loan was launched into general syndication late last week, said bankers. The money, which is for refinancing, was prefunded by the four mandated lead arrangers and bookrunners, along with three MLAs.
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Doosan Heavy Industries & Construction has opened books for its first dollar bond in the offshore market on Monday, having completed a global roadshow last week.
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Beiqi Foton Motor Co will kick off a series of investor meetings this week as the Beijing based commercial vehicle manufacturer seeks to issue a bond in the international market.