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Borrower signs seven year deal to refinance short term maturities
Being friends with both sides — and profiting economically — is getting harder
JP Morgan, HSBC and Deutsche Bank improve their rankings, BNP Paribas retains top spot
Deal will allow company to reduce interest cost
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Taiwan’s Qisda Corp, which designs and makes electronic products, has wrapped up the first round of bidding for a NT$10bn ($358m)-equivalent dual currency loan. -
Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.
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Days after the Tunisian President Kais Saied shocked the world by freezing parliament and boosting his executive power, sources say that investors have little to be concerned about as conversations with the IMF continue to progress. The political saga, which some are calling ‘much-needed’, will not impact Tunisia’s ability to service its debt.
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Chinese online travel agency Tongcheng-Elong Holdings is making its debut in the offshore loan market for $200m.
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Louis Dreyfus Co Asia has become the latest commodities company to tap the debt market, seeking a $450m sustainability-linked loan that is being widely syndicated.
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A major capital markets body published its final standard for using term Sonia reference rates on Wednesday, as the remaining pieces of the Libor transition puzzle fall into place before most pairings for the benchmark end on December 31.
