IOC mandates three for $500m
Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.
Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.
Posted by Emily Johnston-Ross (FDIC), Song Ma (Yale University), and Manju Puri (Duke University), on Wednesday, May 26, 2021 Editor's Note: Emily Johnston Ross is a Senior Financial Economist at the FDIC Center for Financial
Brexit, substance and transparency requirements, which have resulted in increased regulatory and reporting burden, and also increased cost and uncertainty, have put different jurisdictions to test in different ways over the past years. At the
Central banks are promoting a set of climate scenarios that may encourage banks to continue financing fossil fuel expansion when they should be shutting it down, according to an NGO — highlighting the immense influence
China’s regional lenders have been busy tapping both the onshore equity and debt markets for capital this year, but a slew of recent rating downgrades serve as a warning that the pressure facing the country’s
CDB Aviation, an Ireland-based subsidiary of China Development Bank Financial Leasing Co, has raised a $660m portfolio financing from banks.
Liberum has hired Nicholas How from Peel Hunt to oversee its support services and industrials investment banking team, which includes two other new faces.
Citi has hired a senior investment banker from UBS to take over as investment banking head for Italy from Leopoldo Attolico, who is moving into a vice-chairman role.
Only HSBC and RBC Capital Markets are underwriting Fortress’s £9.5bn bid to take UK supermarket chain Morrisons private, while only Morgan Stanley is advising Apollo on its potential rival bid. This leaves plenty of scope
Bank syndicates have been appointed for two of the equity capital markets deals expected in the autumn: the capital increase of e-commerce platform Cnova and the IPO of GreenYellow, the renewable energy business. Both are
China Ping An Insurance Overseas (Holdings) found strong support for its $550m 10 year bond, defying initial concerns around volatility in longer tenors.
Credit Suisse has hired Brett Ryman to its investment banking and capital markets (IBCM) team in Australia, according to a memo seen by GlobalCapital Asia.
It has been an earnings season of rebounds. UBS, the first of the European investment banks to report its results for the second quarter of the year, used the word “rebound” three times in its
Berenberg has hired a fourth senior equity syndicate banker to cover France and southern Europe, amid big plans to expand its investment banking business, with new offices and teams in Brussels and Stockholm.
Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.
Prelude Growth Partners, an investor in consumer brands, has closed Prelude Growth Partners II LP at its hard cap of $250 million. The firm’s second fund was oversubscribed and was raised in just four months.
Grafine Partners has hired Julie Fisher as a new managing director. In her new position with Grafine, Ms. Fisher will focus primarily on business development and investor relations. Grafine sources, screens, structures and invests in
Healthcare and fintech investor Oak HC/FT has raised a new $1.4bn fund as it looks to profit from an accelerating shift in digital adoption fuelled by the Covid-19 pandemic.
Wind Point Partners has held a hard-cap close of the firm’s ninth fund, Wind Point Partners IX LP, with approximately $1.5 billion in capital commitments. This is the largest fund ever raised by Wind Point.
