LimakPort, the Turkish international port, entered the debt market on Tuesday, while Turk Eximbank has successfully secured a dollar syndicated loan facility.
The IMF and Zambia have reached a "broad agreement" on a reform agenda for Africa’s first sovereign defaulter of the pandemic era.
AI Candelaria, the holding company through which private investors own a stake in Colombian oil pipeline Ocensa, returned to bond markets on Monday with a larger than expected $600m deal as Ocensa’s resilience during the coronavirus pandemic outweighed concerns about social unrest and a potential credit rating downgrade in Colombia.
Uruguay began investor calls on Monday ahead of a proposed dollar and global local currency bond issue.
The number of emerging market syndicated loans is in decline for the fourth year in a row, according to Dealogic data.
African Export-Import Bank launched a dual tranche dollar bond on Monday morning, with orders exceeding $3bn by midday.
The government of Suriname issued a stinging riposte to its bondholders on Friday, accusing the creditor committee of issuing a “misleading and factually incorrect statement” about the sovereign’s debt restructuring.
The Warsaw IPO of Canal+ Polska, the Polish satellite TV network, has been postponed.
Four Latin America and Caribbean companies sold new issues in the dollar market at very tight looking levels on Thursday, as investors continue to feel pressure to put to cash to work amid extremely high liquidity.
Brazilian airline Gol on Thursday sold the first public bond deal from a Latin American airline since the coronavirus pandemic began, increasing the size of a tap of its 8% 2026s as hopes grow that the vaccine rollout will accelerate in the region and enable the worst affected industries to recover.
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The announcement this week that the IMF is on its way to issuing a further $650bn of special drawing rights, providing central banks with extra foreign currency liquidity, should not be criticised for being too little, too late. It marks a much needed return to multilateralism, something that the developing world will benefit from.
BCS Global Markets, the investment services division of Russia’s largest independent broker, has hired a new treasurer.
Swedbank is trailing a data-driven approach to sustainable loan origination that uses technology to automatically generate sustainable lending opportunities.
Turkish companies and banks are succeeding in raising funds in international debt markets, even as the country strays near the edge of an economic precipice and experienced investors view Turkish risk with disdain.
The number of emerging market syndicated loans is in decline for the fourth year in a row, according to Dealogic data. Bankers' outlooks for the rest of the year err on the pessimistic side, with the fallout from the pandemic being the main concern.
Khazanah Nasional, Malaysia's sovereign wealth fund, has found overwhelming demand for its $1bn bond, attracting more than $5bn of orders.
The IMF and Zambia have reached a "broad agreement" on a reform agenda for Africa’s first sovereign defaulter of the pandemic era. That will serve as a prelude to securing a new credit facility from the Fund and pleased investors, who noted that Zambia's bonds have made gains in recent weeks.
Uruguay, considered the most promising credit story among Latin America's investment grade sovereigns, raised $1.74bn-equivalent in pesos and dollars on Thursday, becoming the first sovereign from the region to issue local currency abroad in 2021 — as it was in 2020.
Chinese road freight company ForU Worldwide is planning a Nasdaq offering of American depository shares (ADS). It is looking to raise at least $100m.
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