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Vingroup eyes $500m in senior syndication
Vietnamese conglomerate Vingroup Joint Stock Company and its automobile subsidiary VinFast have returned to the loan market, seeking a total of $500m in senior syndication.
18 Oct 2019 -
People moves in brief
Nomura’s Cicchine heads for Deutsche — Macquarie finds head for new lending group — Citi promotes ECM bankers.
17 Oct 2019 -
Brexit deal chance lights up UK cap market hopes
A surprise agreement between the UK government and the European Union has led to renewed optimism for the country's capital markets. There is hope that an orderly Brexit, or even a long extension, will lead to an increase in investment from UK companies, particularly in the form of M&A. Investors are more than willing to finance these deals, write Sam Kerr, Jasper Cox and Mike Turner.
17 Oct 2019 -
Deutsche takes Nomura’s Cicchine for healthcare
Paolo Cicchine will join Deutsche Bank as vice-chairman of global healthcare coverage.
17 Oct 2019 -
Fullerton allocates $250m among 17 lenders
Fullerton India has closed its $250m-equivalent borrowing after 14 participants joined the three bookrunners during syndication.
16 Oct 2019 -
Indorent holds non-deal roadshows
Sumitomo Mitsui Banking Corp is arranging non-deal roadshows for Indonesian car rental service provider CSM Corporatama.
16 Oct 2019 -
India’s Vedanta, Syndicate Bank return for loans
Vedanta Resources has made a quick loan comeback for a $500m borrowing.
16 Oct 2019 -
Goldman slips up as JPM powers ahead
JP Morgan, Citi and Goldman Sachs kicked off the third quarter results season for investment banks on Tuesday. While debt and equity underwriting revenues grew substantially at JP Morgan compared with the equivalent quarter of last year, they fell at Goldman.
15 Oct 2019 -
Macquarie hires UBS’s Repaci to lead new levfin group
Macquarie Capital has hired UBS banker Vincent Repaci to head a new asset-based lending group to cover sponsor clients, supporting LBOs, refinancings and restructurings. He joins three other recent senior hires in leveraged credit at the firm.
14 Oct 2019 -
Shanghai Sinooil defaults on $400m loan
Shanghai Sinooil Energy Holding Hong Kong, a subsidiary of state-owned China Energy Reserve and Chemical Group, has defaulted on a $400m offshore loan.
14 Oct 2019
