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Apicorp mandates for dollars despite rates volatility

Middle East

Apicorp mandates for dollars despite rates volatility

Arab Petroleum Investment Corp (Apicorp) — the multilateral development bank — held investor calls on Monday for a bond offering, nine months after its last dollar outing. Though emerging market SSA issuance has been dominated by low rated, high yielding credits since the start of the year, investment grade issuers will begin to trickle in, bankers say.

  

  

People & Markets

  • BNP Paribas, CS and ING to cut Amazon oil financing

    BNP Paribas, CS and ING to cut Amazon oil financing

    Three of the most active banks in financing oil exports from the Ecuadorian Amazon — an environmentally destructive industry with a long track record of trampling on indigenous people’s rights — have agreed to cease important parts of their financial support, after pressure from NGOs and a devastating oil spill in 2020.

  • Credit Suisse's SSAF selects seven

    Credit Suisse's SSAF selects seven

    Credit Suisse has made seven appointments within its sustainability strategy, advisory and finance (SSAF) unit:. Five are external hires while two come from its own investment bank.

  • RBC promotes from within as Uden retires

    RBC promotes from within as Uden retires

    RBC Capital Markets has reorganised its European equity capital markets and corporate broking business following the decision of Darrell Uden to step down at the end of this month.

  

Southpaw
by David Rothnie

Emerging Markets

GlobalCapital China

Derivatives