Chinese coupon cuts: A dangerous game
Chinese issuers have been slashing the coupons on their onshore puttable bonds in an attempt to save money. They are playing with fire.
Chinese issuers have been slashing the coupons on their onshore puttable bonds in an attempt to save money. They are playing with fire.
Far East Horizon, a Hong Kong-listed financial services firm, has returned to the offshore loan market. It is aiming to raise $1.4bn to refinance two deals maturing this year.
Central China Real Estate and Greenland Holding Group Co raised a combined $900m in the international debt market on Monday.
Hong Kong’s Champion Reit sold a tightly priced $300m bond on Monday, enticing investors with its rarity in the international market.
Hong Kong-based Lei Shing Hong Credit has added a TaiFX-Libor clause to its new $320m loan, allowing it to offer a margin that is flat to its last transaction.
Bohai Bank’s Hong Kong IPO application was being considered by the stock exchange’s listing committee on Tuesday, according to a source close to the deal.
Korea Electric Power Corp (Kepco) returned to the green bond market on Monday, raising $500m on the back of a book that was 10 times oversubscribed.
Private equity firms face an uphill battle to convert new LP relationships into committed capital this year, as the coronavirus crisis skews limited partner attention towards re-ups and existing relationships, new research suggests.
Opalesque Industry Update - The European Fund and Asset Management Association (EFAMA) has today published its Quarterly Statistical Release describing the trends in the European investment fund industry in the first quarter of 2020 with
The acquisition of a minority stake in Belgium-based Silverfin was made via Hg’s Mercury 2 fund, closed in 2017 at £575m
US private equity house The Halifax Group has named its first operating executive by bringing in veteran CEO and COO Rick Morrow.
Gampack, a portfolio company of Italian private equity firm Progressio, has invested in packaging machinery specialist Futura Robotica.
LP investment firm Cambridge Associates has opened a Munich office.
A consortium of investors comprising BPI France, Idinvest Partners, Partech and Kima Ventures has backed a €6m funding round for Ambler, a French company that offers a service to manage inter-hospital patient transfers.
London-based Vitruvian Partners has acquired a majority stake in Scrive, a Swedish provider of digital signature and identity solutions.
Secondaries private equity specialist Whitehorse Liquidity Partners is reportedly already eyeing $3bn for a new fundraise - just a few months after closing its $2bn third fund.
Business intelligence and data analytics business Inergy, a portfolio company of Main Capital, has acquired Netherlands-based Frontin, a software platform for Dutch municipalities.
BGF has made a £10m investment in window blinds maker Decora.
Indian venture capital house Unitary Helion has rebranded to Arkam Ventures amid sealing the first close of its INR7bn ($93m) targeting debut fundraise.
NGC Nachfolgekapital has acquired Germany-based building services provider Gelford Gebäudereinigung & Dienstleistungen in an MBO as part of a succession plan for the company.
Recent Comments