Deals
New Development Bank Places RMB5bn ‘Coronabond’ in Interbank Market to Help Finance Chinese Healthcare Initiatives
The New Development Bank (NDB) raised RMB5bn in the Chinese Interbank bond market at the end of last week, with the proceeds going towards financing public health expenditure to help combat coronavirus in several Chinese provinces.
6 Apr 2020
Akbank Renews USD510mn Syndicated Loan Despite Market Volatility
Akbank has successfully renewed a USD510mn syndicated loan, marking a rare transaction amidst a volatile market backdrop. With a one-year maturity, the loan priced at LIBOR+2.25%, lower than the previous cost of borrowing on the facility in March last year.
3 Apr 2020
Celebrating Excellence and Innovation in the Capital Markets: A Look at the 2020 Bonds, Loans & Sukuk Middle East Awards Winners
This year’s Bonds, Loans & Sukuk Middle East Awards saw no shortage of firsts as the region’s borrowers and finance professionals pushed the boundaries of the possible through new structures and techniques in a range of transactions.
2 Apr 2020
The Top 10: Latin America’s Deals of the Year
Bookended by a volatile 2018 and an exceedingly turbulent 2020, last year was one of the busiest on record for Latin America’s credit markets, impressing not just by volume and number of transactions but also by their increasing complexity and inventiveness of the structures deployed, making the selections for the Latin America Deals of the Year Awards tougher than ever. Multi-jurisdictional…
1 Apr 2020
The Asian Development Bank Targets Short End of the Curve with USD4.5bn Bond Sale
The Asian Development Bank (ADB) returned to the US dollar markets this week to raise USD4.5bn in fresh 2-year notes, the lender’s largest single-tranche issuance to date.
1 Apr 2020
African Development Bank Sells USD3bn ‘Coronabond’ in Effort to Combat COVID-19 on the Continent
The African Development Bank (AfDB) raised USD3bn through the sale of social sustainability bonds in an effort to finance Africa-based initiatives to combat the spread of COVID-19.
30 Mar 2020
Dangote Cement Moves Forward with Bond Debut
One of Nigeria’s largest companies is moving forward with a debut bond issuance to help raise medium-term funding.
26 Mar 2020
Indonesia Inks USD300mn Financial Reform Deal with World Bank
The World Bank has approved a USD300mn loan deal with Indonesia that will see the South Asian country fund financial sector reforms.
23 Mar 2020
Indorama Inks USD255mn Sustainable Ninja Loan in ‘First’ for Thai Market
Thai petrochemicals giant Indorama Ventures this week signed the country’s first cross-border sustainable ninja loan, it revealed.
18 Mar 2020
Bank Muscat Upsizes USD500mn Loan, Sees Strong Demand Despite Volatile Backdrop
Oman’s Bank Muscat finalised a USD650mn club loan with a syndicate of regional and international lenders this week despite the volatile market backdrop.
16 Mar 2020