Call us on
Submit your deal

Deals

CASE STUDY: MMK Makes Eurobond Return with Lowest CIS Corporate Coupon in 18 Months

Returning to the international market after a 16-year hiatus, the Russian steelmaker issued a USD500mn benchmark dollar Eurobond at just 4.375% coupon – the lowest for any of the region’s corporates in 1.5 years.

CASE STUDY: Omega Geração Assurua Wind Purchase Financed with Innovative Four-Part Debenture Scheme

Omega Geração S.A., one of Brazil’s top renewables players, debuted in the local debenture markets earlier this year with a carefully tailored four-part transaction that could serve as a template for corporates looking to finance infrastructure by tapping the country’s diverse liquidity pools.

CASE STUDY: UK and US Investors Snap Up Russia’s USD2.5bn Eurobond Ahead of Sanctions

Russia raised USD2.5bn in a dollar-denominated Eurobond sale in June, with USD1.5bn notes maturing in 2029 at a yield of 3.95%, and another USD1bn in notes maturing in 2035 at a yield of 4.3% - despite the ever-impending threat of sanctions.

CASE STUDY: Eurotorg Issues Enters Russian Market with Belarus’ First RUB Bond

After becoming the first Belarusian corporate to enter the Eurobond market two years ago, Eurotorg is now breaking new ground with its RUB5bn Russian issuance. Receiving healthy demand from investors – both domestically and internationally – the issuance is indicative of a flexible and increasingly diverse financing strategy.

CASE STUDY: FUNO’s “Phone Roadshow” Brings Strong Oversubscription on USD1bn Issue

Fibra UNO, the first and largest real estate investment trust (REIT) in Mexico, was able to upsize its dual-tranche USD1bn bond with an innovative “long-distance” roadshow that saw over 4x oversubscription from a variety of international investors.

Majid Al Futtaim’s Treasury Head on Why Going Green is About More than Just Marketing

UAE-based lifestyle conglomerate Majid Al Futtaim broke new ground earlier this year when the company placed the world’s first benchmark-sized corporate green sukuk. Bonds & Loans spoke with John Arentz, Head of Treasury at Majid Al Futtaim, about the company’s green capital markets debut, the strategy underpinning the transaction, and why – green bond or not – treasurers need to bolster their ESG credentials in the face of a fast-changing investment landscape.

CASE STUDY: EGA Secures USD6.5bn Loan amid Favourable Markets

The UAE-based aluminium giant timed its return to the loan market perfectly with a jumbo deal that attracted participation of 25 financial institutions and was arranged in less than three months.

Brazilian Borrowers Price Through the Noise to Win Big at Bonds & Loans Latin America Awards

While borrowers in Brazil were confronted with anaemic growth and a lack of political direction through much of last year, many still pursued innovative new funding strategies that took them into the domestic and international credit markets. We take a closer look at some of the transactions originating from the region that won top prize at this year’s Bonds & Loans Latin America Awards.

CASE STUDY: Armpower Energy Plant Marks First Greenfield Project Finance Deal in Armenia

Not only was the transaction a major step forward for private sector participation in Armenia’s energy sector, but the deal marked the first greenfield energy project financing in the country. With the involvement of four multilateral development institutions and a number of investors via the IFC’s innovative Managed Co-Lending Portfolio Programme (MCPP), the total financing cost amounted to USD163mn.

CASE STUDY: Ghana Cocobod Secures Africa’s First Syndicated Sustainability-Linked Loan

Ghana Cocoa Board (Cocobod), which oversees the production, processing and marketing of cocoa, shea nut and coffee from the world’s second largest producer, regularly turns to international markets to satiate its funding requirements. However, Cocobod’s recent USD300mn syndicated loan marks a milestone in the African corporate market due to its innovative sustainability-linked features.

 

More Articles

 

Subscribe