Asia Pacific
Axiata issues US$500mn sukuk
The world’s largest sukuk market has seen another issuance of Sharia compliant debt on the international capital markets. Despite Axiata’s recent dollar denominated sukuk, the majority of Islamic financing in Malaysia is conducted in the domestic market.
17 Mar 2016
Alibaba agrees US$3bn in foreign lending
Alibaba has signed a loan to provide the company with capital that will help fuel the company’s future expansion. The loan, although already set, could increase in size if there is strong investor appetite. The loan comes amidst increasing interaction between Chinese corporates and western capital markets.
14 Mar 2016
Asian Development Bank sells US$3bn bond
The Asian Development Bank has tapped the international capital markets as part of a wider plan to raise large amounts of foreign capital this year. Despite a difficult economic climate, the bank was able to attract investment from a wide global base for its operations in Asia.
11 Mar 2016
M&M Financial Services looks to tap local debt market
M&M Financial Services has received high ratings on its proposed debt issuance. The reason for the high ratings is linked to the stability and strong fiscal position of its parent company, Mahindra & Mahindra.
7 Mar 2016