Standard Chartered
-
Standard Chartered has poached James Cameron from HSBC, appointing him global head for power, utilities and infrastructure (PUI) and clean technology. -
The Philippines’ Aboitiz Power Corp has launched into general syndication its $300m loan to back its acquisition of AC Energy.
-
A pair of Middle Eastern banks, Emirates NBD and Abu Dhabi Commercial Bank, both placed short-dated sterling MTNs this week.
-
Adani Green Energy made its dollar market debut on Thursday, nabbing $500m with a green trade.
-
-
Ecobank Transnational Inc, the pan-African bank based in Togo, tapped a $500m 9.5% 2024 bond it issued in April for a further $50m on Tuesday. But despite the note being printed flat to the outstanding, according to leads, and the original bond having rallied over 150bp in yield since pricing a month ago, the tap brought the deal in by another 25bp in secondary trading.
-
Kuwait International Bank (KIB) made a spectacular bond market debut on Wednesday, securing a $4.6bn book for a $300m additional tier one sukuk bond. The issuer also impressed by placing 51% of the paper with investors from outside the Middle East region.
-
South Korean oil refiner GS Caltex Corp raised $300m from a senior bond on Wednesday.
-
Kuwait International Bank has come to market for its first ever bond — a $300m additional tier one capital benchmark. It has met strong demand, despite the limited size.
-
European elections, which produced relief in much of Europe and some horror in the UK, have not fazed corporate bond markets. But they may have caused this week's dearth of issuance. Illinois Tool Works' three trancher on Wednesday may be the only fruit. But investors' diaries are filling up with roadshow dates.
-
Delhi International Airport (Dial) offered investors a rare 10 year high yield bond on Tuesday, securing the company $350m from a more than six times subscribed order book.
-
KEB Hana Bank turned its attentions to Taiwan on Tuesday, raising $400m in a Formosa bond sale.
