Daily Roundup

25 Apr 2017   Daily Roundup

Emerging Market Credit Daily Roundup

UAE banks squeezed on interest rates – Bank Sohar secures fresh US$250mn syndi loan – Citigroup gets Saudi banking license – Yapi Kredi heads for euro covered bonds – Uganda, Tanzania top investor favourites in East Africa – South Sudan secures World Bank loan – Brazil debt rises 3.2% in March – Argentina’s Corboda retaps 2026s – NHAI to debut masala bonds this year – Rusal tightens guidance on 6-year Eurobonds

Emerging Market Credit Daily Roundup

Saudi Arabia restores allowances, bonuses for government employees – HSBC wins role on Aramco IPO – Turkey passes new bond issuance rules – Libya pledges currency intervention – Ghana promises not to print money to finance deficit – Zimbabwe holds off on bond notes – Raia Drogasil SA hits the local market – Trinidad and Tobago gets S&P downgrade – Rosneft charts return to bond market

Emerging Market Credit Daily Roundup

IFC to help launch US$2bn global green bond fund – Turkey’s Is Bank placed US$750mn bond – AfDB to allocate US$12bn to African energy projects - Argentinean province Neuquen issued US$366mn 7.5% international bond - ICBC Singapore placed a US$2bn dual-tranche bond - Foreign investors bought up RUB159bn in local currency Russian debt – General Motors joins the list of companies to leave crisis-hit Venezuela

Emerging Market Credit Daily Roundup

Al Baraka picks banks for sukuk – Aluminium Bahrain secures fresh funding for Line 6 project – Daewoo E&C inks loan deal with QIB – Kenya legislation to help facilitate sukuk issuance – Bank of China places first RMB bond out of Africa – Sanral delays bond over demand concerns – Dutch court orders Oi subsidiaries to enter bankruptcy proceedings – Unidas to hit the market with fresh debenture – IMF signals new concerns over China debt – Kalashnikov launches fresh exchange offer

Emerging Market Credit Daily Roundup

Saudi Arabia to resume domestic debt sale – Al Baraka Banking Group mulls dollar sukuk – independent observers dispute Turkey referendum result – Zambia looks to clinch IMF deal – South Africa FinMin tries to ease concerns over policy reversal – Kenya could scrap interest rate cap – Odebrecht Ambiental readies local debt sale – Peru mulls bond issuance – ISA prices COP700bn triple-tranche issuance – Moody’s: Chinese banks’ balance sheets under stress – Industrial Metallurgical Holding to hit the market

Emerging Market Credit Daily Roundup

More details on Saudi Arabia privatisation plans revealed – Kuwait outpaces GCC issuances 2 to 1 – Turkish lira, bonds rise following Erdogan referendum victory – SA FinMin advisor suggests total U-turn on policy in op-ed – Afreximbank readying dollar bond – Tunisia unlocks further IMF funding – Petrobras divestment to Statoil suspended – Peru’s Orazul to raise new debt via benchmark-size bonds – Indian loan growth at 60-year low – Rostelecom, PhosAgro look to place new bonds

Emerging Market Credit Daily Roundup

Saudi Arabia places massive US$9bn sukuk – GCC sovereign borrowing on track to beat 2014 record – Damac prices fresh trade – Afrexim closes in on syndicated loan – Nigeria to delay green bond – Teachers return to work in Argentina – Venezuela makes its bond payments on time – Oil India raises fresh debt – CITIC Securities, Bank of China Macau hit the Eurobond market

Emerging Market Credit Daily Roundup

Alargan completed bond buyback – Egypt plans US$1bn sukuk later this year – Turkey loan growth hits 21.2% - Zambian opposition leader arrested for treasonous road blockage – World Bank cuts Kenya growth forecast – Argentina boldly hikes policy rate – Saneamento Ambiental Aguas do Brasil, Cremer ready debentures – Brazil rocked by fresh political scandal – Yida China Holdings, China Oil And Gas Group hit Eurobond market – Indian government rejects loan waiver calls – X5 makes capital markets debut

Emerging Market Credit Daily Roundup

Saudi Arabia opens books on USD sukuk – UAE banks concerned by VAT charges – AFC issues US$500mn Eurobond – Venezuela’s FX reserves hit 15-year low – BBH analysts sceptical of Brazil’s rebound – Fitch downgrades El Salvador’s local currency debt to RD – India extends US$4.5bn credit line to Bangladesh - Russia’s Tatfondbank declared bankrupt – Romania prices a EUR1bn bond

Emerging Market Credit Daily Roundup

Qatar CB to sells fresh debt with 3-10 year maturities – Saudi Arabia includes Dodd-Frank rules on securitisation in prospectus – Egyptian markets struggle in wake of attack – ZAR still struggling with volatility – Kenya could look to boost borrowing to repay maturities – Tunisia gets benchmark bond approval – Kaltex, Inbursa lead Mexican market activity – Argentina sees US$116bn in tax amnesty repatriation – CBRC issues new risk control guidelines – X5 Retail Group roadshowing debut rouble bond

 

More Articles

 

Subscribe