Ezdan’s debut US$500mn 5-year fixed rate trust certificates helped the company diversify its sources of funding, and created a broader platform from which Qatar’s leading real estate developer, owner and operator can grow its business in the future.
31 Jan 2017
Since the attempted military coup in July last year, Turkey’s political turmoil has caused significant damage to its economic stability. A systemic purge of opposing views in policy making has intensified tensions within society and security risks have heightened, unsettling investor confidence and weighing on already subdued economic activity while pushing the lira to record lows in the first…
25 Jan 2017
Against a backdrop of severe emerging market volatility and depressed oil prices, EQUATE’s acquisition of MEGlobal was a major milestone for the company, and will help solidify its global presence and leadership in the global petrochemicals industry. Financed by a well-structured and competitively priced US$6bn bridge acquisition facility, which was awarded the Syndicated Loan Deal of the Year…
16 Jan 2017
This was a pivotal year for Turkey, with the country experiencing unprecedented political and currency volatility against a broader backdrop of challenged global growth since late 2015. Hulusi Horozoğlu, Managing Director, Head of Wholesale Banking, Turkey at HSBC talks to Bonds & Loans about how these challenges are impacting Turkish credit markets and the wider economy, and how the bank is…
10 Jan 2017
While at the annual Bonds, Loans & Sukuk Turkey conference, Bonds & Loans interviewed the Deputy Prime Minister of Turkey, Mehmet Şimşek, about the government’s plans to develop the local capital markets, what infrastructure and energy projects are planned and his outlook for the Turkish economy next year.
4 Jan 2017
While at the annual Bonds, Loans & Sukuk Turkey conference, Bonds & Loans interviewed Mehmet Hakan Atilla, Deputy General Manager International Banking, HalkBank, to discuss his outlook for the Turkish capital markets over the next year and the country's main drivers of issuance.
19 Dec 2016
For 13 years president Erdogan’s rule was driven and supported by Turkey’s strong economic growth. But as the economy shrinks for the first time since 2009, corporate sector debt spiraling out of control, and its currency plummeting, observers are questioning whether the state-wide clampdown on opposition parties and enforced easing are really the solution to Turkey’s woes.
16 Dec 2016
After months of deliberations, Europe’s politicians and diplomats finally forged an agreement with Ukraine to pave way for visa-free travel in the EU for its citizens. While for Ukraine’s Western-facing portion of the population, three years after the Maidan protests, the deal is a milestone, the short-term prospects of the Eastern European country remain perilous.
12 Dec 2016
While at the annual Bonds, Loans & Sukuk Turkey conference, Bonds & Loans interviewed Anthony Barklam, Co-Head of Capital Markets Group EMEA, Head of Debt Capital Markets, MUFG, on what impact he thinks the US election result will have on the capital markets - developed and emerging, and which territories he expects issuance to come from in 2017.
12 Dec 2016
Koc Holding was able to issue a benchmark sized Eurobond amid considerable market volatility. The company was able to price the bond at a narrow spread over Turkish sovereign Eurobonds, highlighting the strength of the company’s fundamentals.
8 Dec 2016