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Month: June 2020

Muyuan closes debut loan at smaller size of $140m

Chinese pork producer Muyuan Foods saw lukewarm appetite among banks for its debut syndicated loan, which was closed at a smaller size of $140m.

AI-driven protein pioneer Protera gets Sofinnova Partners-led Series A round

Protera, an AI-driven startup designing and developing new proteins, has closed a $5.6m Series A financing led by European life sciences venture capital major Sofinnova Partners.

StanChart’s Robins retiring, Spiegel steps up in transaction banking

Standard Chartered has appointed Michael Spiegel as global head of transaction banking, succeeding Lisa Robins, who is retiring from the banking industry.

Cybersecurity firm launched by ex-head of Israel’s Internal Security Agency gets Jerusalem Venture Partners investment

A cybersecurity company launched by the former head of Israel’s Internal Security Agency Shin Bet has picked up $7m of seed funding led by Jerusalem Venture Partners and private angel investors.

Maldives gets second Fitch downgrade of the year

The island nation of the Maldives received a fresh blow this week after Fitch Ratings downgraded the country by three notches to CCC due to external liquidity pressure and increasing debt burden.

Antengene readies Hong Kong listing

Antengene Corp, a clinical-stage biopharmaceutical company, is set to launch the roadshow for its Hong Kong IPO next week after wrapping up pre-deal investor education, according to a source close to the listing.

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