News content
-
The UK Debt Management office has received strong support for launching an index-linked Gilt via syndication in the next quarter — but found a difference of opinion on timing.
-
DTEK Energy Group, the largest privately owned energy company in Ukraine, is warning of a possible default as it attempts to exchange its $200m Eurobonds due April 28, 2015.
-
Teva Pharmaceutical Industries is out in the market with a dual tranche euro-denominated bond. Bankers expected the deal to be priced flat to the borrower’s dollar curve.
-
Emirates Airlines is planning on landing its UK Export Finance backed sukuk on Wednesday, and has set a pricing range for the groundbreaking deal.
-
Ras Al-Khaimah has set the final pricing range for a 10 year benchmark sukuk.
-
Commerzbank suffered from soft market conditions when selling a new three year trade on Tuesday, drawing only a small oversubscription despite offering what was judged to be an attractive premium.
-
A Dutch agency is set to bring a sustainability bond in the coming weeks, after mandating banks for a roadshow on Tuesday.
-
Akbank has returned to market with a 10 year $500m no grow, its second dollar offering of the year and its second instalment of a $1bn refinancing.
-
Another supranational issuer is on the hunt for a new treasurer after the incumbent announced plans to leave in July, following a flurry of moves elsewhere in the sector.
-
Inox Wind has raised Rp10.40bn ($166m) by pricing its IPO at the top of guidance, as investors piled in and showed no sensitivity to the Indian stock and its valuation.
-
GMR Holdings has secured funds from KKR Capital Markets to sign up for its entitlement in the Rp14.02bn ($227m) rights offering being conducted by GMR Infrastructure, providing a massive boost to the equity-raising.
-
Indonesia's central bank was right to introduce new rules on foreign debt issuance by private corporates in January. Untethered growth in foreign debt without adequate hedging is a dangerous combination, as Indonesia's currency crisis in 1998 showed.