Alhokair Group secured a USD800mn funding package this week from a handful of domestic and regional lenders in a bid to consolidate its debt, the company said.
5 Mar 2020
Atlas Renewable Energy sold a USD253mn private placement in US markets this week to refinance debt linked to two solar PV power plants in Chile, the largest US solar green private placement out of Latin America to date.
4 Mar 2020
With spreads widening and bond pricing on the rise, some Gulf-based issuers are looking to maintain a holding pattern until market volatility subsides, while others could lean on the region’s large lenders for funding.
3 Mar 2020
The multi-faceted USD880mn long-term funding package made use of a number of innovative structural features to help overcome any concerns among liquidity providers over Bahrain’s economic outlook or sovereign rating.
27 Feb 2020
Over 2x oversubscription on the upsized term loan and US private placement allowed Grupo Gondi to introduce a competitive dynamic between loan and PP demand, maximizing maturities and achieving the lowest price.
26 Feb 2020
An increase of 65% was recorded in January compared to the previous month, according to CNV.
24 Feb 2020
The bond proceeds have gone towards refinancing the first greenfield airport project in Latin America in 10 years.
21 Feb 2020
Debt issuance in South Africa reached 10-year highs in 2019 despite the economic and political volatility that punctuated much of the year, with bond volumes totalling ZAR164.82bn (approx. USD10.9bn) according to data collected by Nedbank.
21 Feb 2020
Saudi-based real estate developer Dar Al Arkan raised USD400mn this week, selling 7-year sukuk in the first deal out of the Kingdom since the sovereign and Samba group hit the market in January.
20 Feb 2020
Ghana raised USD3bn across 7, 15, and 41-year notes this week, the region’s longest-dated bond issuance to date and a major milestone for the country.
6 Feb 2020