Macro

Daily Roundup

Brazil, Venezuela drag on World Bank outlook – Vale tightens pricing on US$1.25bn Eurobond – Ghana to sell US$1bn Eurobond between June and September – Argentina tables PPP reforms

Jun 8, 2016 // 5:27PM

Fitch Ratings has assigned a 'BBB(exp)' rating to mining giant Vale’s proposed US$1.25bn bond yielding 5.875%. BB Securities, Bank of America Merrill Lynch, Bradesco, HSBC and Santander are acting as joint bookrunners on the bond

Fitch rates Maybank Indonesia's senior sukuk 'AAA(idn)', subordinated bond 'AA(idn)'

Ghana to sell US$1bn Eurobond between July and September

Lafarge S.A. to rollout NGN100bn funding programme consisting of Series I and II bonds

South Africa's Gold Fields signs US$1.29bn loan to refinance existing debt

Dubai's Union Properties signs US$79mn project finance facility for the construction of Oia Residence project in Dubailand

Rio Tinto Group announces US$3bn bond buyback programme

Nigeria plans to raise NGN105bn (US$527.6mn) in local currency-denominated bonds with maturities of 5 to 20 years on June 15

Abu Dhabi National Energy Co (TAQA) mandated BNP Paribas, Citi, First Gulf Bank, HSBC, National Bank of Abu Dhabi and SG CIB for a benchmark sized US dollar bond

Nigeria's Oando signs NGN94.6bn (US$475mn) restructuring loan

Russian steel producer NLMK opens books to investors for a 7-year dollar-denominated Eurobond

Argentina to push forward with PPP bill that could boost investment in the country's infrastructure by up to US$90bn

Brazil's Senate Approves Ilan Goldfajn as Central Bank President

World Bank: Brazil GDP is expected to shrink 4% in 2016 and 0.2% in 2017; it was previously expected to grow 1.7% in 2017

Emaar Properties said to hire banks for dollar bond

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