- Iran is mulling a return to the international bond market for the first time since 2012, according to the country's Economy Minister Ali Tayebnia
- Indonesia is looking increasingly likely to cut the 12-month reference rate by 25bp to 6.25%, analysts believe. The move would be the fifth rate cut from Indonesia this year
- Bahrain's Central Bank sold BD300mn (US$795mn) 3-year government development bonds yielding 4.45% this week
- AfDB and Guinea inked US$23mn economic development agreement this week
- Trinidad and Tobago lands US$300mn loan from development bank CAF
- Argentine electricity group Albanesi announced a US$250mn 7-year bond. Credit Suisse and JP Morgan are global coordinators, and UBS a joint bookrunner
- Chile's Empresa Nacional de Petroleo (ENAP) looks set to embark on a roadshow for a 10-year US dollar bond, according to a report from Reuters. Citigroup and JP Morgan are lead arrangers
- Brazilian toll road operator CCR approved a BRL1.25bn (US$380mn) unsecured bond programme to fund new toll road construction
- Turk Eximbank will sign an upsized €400mn A/B syndicated loan this week, according to the bank's spokespeople
- Warba Bank has secured internal approval to issue up to US$250mn Tier 1, Basel III-compliant sukuk
- Arab Petroleum Investment Corp. (APICORP) is said to be considering issuing up to US$1bn in Islamic bonds, according to Bloomberg. Goldman Sachs and Standard Chartered are lead arrangers
- S&P downgraded its sovereign credit rating on the Republic of Turkey to 'BB' from 'BB+' the same day the country declared a 90-day state of emergency
- Kazakhstan-based Tengizchevroil, a joint venture between Chevron, ExxonMobil, KazMunayGas and Lukoil, placed a US$1bn 10-year bond at 4.09%, 46bp below IPTs
- Brazil's Central Bank has left its interest rate unchanged at 14.25%
- Tanzania has secured a US$7.6bn loan from China's Export-Import Bank (Exim) to build a railway line that will link it to its neighbours. The deal came the same day it secured a US$200mn loan from the African Development Bank (AfDB) to finance transport infrastructure projects
- Moody's placed Turkish covered bond programmes on review for downgrade following a review of the sovereign credit rating
Daily Roundup
Iran mulls international bond – Trinidad and Tobago signs US$300mn loan with CAF – ENAP to roadshow a dollar bond – Turk Eximbank upsizes euro loan
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