Software and Hi-Tech
Weibo grabs $750m from offshore market

Weibo grabs $750m from offshore market

Chinese social media platform Weibo Corp returned to the dollar market on Tuesday with a 10 year bond.

Oil and Energy
Hilong’s exchange offer fails to avoid default

Hilong’s exchange offer fails to avoid default

A long-running attempt by Chinese oil company Hilong Holding to complete an exchange offer on a dollar bond has failed, after it confirmed a default this week. The situation has caused analysts to speculate on

Public
Indonesia goes to Japan for Samurai deal

Indonesia goes to Japan for Samurai deal

The Republic of Indonesia returned to the yen market this week for its annual Samurai bond outing, raising ¥100bn ($930m).

Politics
China tackles default concerns with new guidelines

China tackles default concerns with new guidelines

Chinese policy makers have finalised rules on how to deal with corporate bond defaults, with the regulation to go into effect next month.

Appointments
TD Securities hires from Cicero for sustainable finance team

TD Securities hires from Cicero for sustainable finance team

TD Securities has hired Sophie Dejonckheere as a director in its sustainable finance team in London.

Fintech and Finance
US regulator warns of lockdown threat to financial stability

US regulator warns of lockdown threat to financial stability

The US Office of the Comptroller of the Currency (OCC) is urging local officials to ease their Covid-19 lockdown measures, warning that some banks are now suffering delinquency rates in the mid-double digits on their

India
Indian bonds hit in secondary after downgrade

Indian bonds hit in secondary after downgrade

Moody’s Investors Service downgraded the government of India to Baa3 from Baa2 on Monday, triggering bonds from the country to widen in the secondary market.

Manufacturing and Industrial
CBPE seals 3x return with ABI Holiday Homes exit

CBPE seals 3x return with ABI Holiday Homes exit

The sale of the manufacturer of caravan holiday homes to its management team generated an IRR of 36.9% for the UK-based firm

Appointments
A top US executive at SoftBank’s Vision Fund is stepping down

A top US executive at SoftBank’s Vision Fund is stepping down

Michael Ronen joined the fund in 2017 after a 19-year career in investment banking at Goldman Sachs Group.

Fundraising
AMB :- Natural resources assets under management surpass $760bn in 2019, a new record

AMB :- Natural resources assets under management surpass $760bn in 2019, a new record

Laxman Pai, Opalesque Asia: Strong fundraising and AUM numbers, boosted by mega-infrastructure funds investing in energy, masked a challenging landscape for natural resources funds, said a study. In 2019 natural resour...Article Link

Politics
EQT invests in management and regulatory software provider Rimes

EQT invests in management and regulatory software provider Rimes

The transaction is expected to close in the first quarter of the year

Fintech and Finance
SoftBank took unusual route to investment in UK fintech Greensill

SoftBank took unusual route to investment in UK fintech Greensill

SoftBank’s investment was structured to avoid triggering checks from regulators in Germany and Australia

Angel / Venture
UK fintechs brush off Brexit attracting record investment

UK fintechs brush off Brexit attracting record investment

Fintech companies in the UK attracted $4.9bn in venture capital and private equity investment in 2019

Angel / Venture
Sortis launches $10M growth venture fund

Sortis launches $10M growth venture fund

Opalesque Industry Update - Sortis Holdings Inc. (SOHI), a Portland, Oregon-based alternative investment fund manager, has launched Sortis Growth Venture Fund. The $10 million fund is a hybrid venture capital and consumer-focused private equity fund

Fintech and Finance
Goldman Sachs promotes new head to European mid-market group

Goldman Sachs promotes new head to European mid-market group

US bank’s investment banking for Spain chief steps up to Emea-wide role to win more M&A fees from smaller companies

Consumer Services
Soho House backer Active Partners bets on UK consumer with new fund

Soho House backer Active Partners bets on UK consumer with new fund

AP III has raised £100m to back high-growth consumer brands in the UK and in Europe

Manufacturing and Industrial
IK in talks to sell space and defence components manufacturer Exxelia

IK in talks to sell space and defence components manufacturer Exxelia

The transaction would give Exxelia an enterprise value of around €500m, according to a person familiar with the business

Angel / Venture
Standard for Classifying a Minority Stockholder as a Controlling Stockholder

Standard for Classifying a Minority Stockholder as a Controlling Stockholder

Posted by Francis J. Aquila, Melissa Sawyer, and John L. Hardiman, Sullivan & Cromwell LLP, on Wednesday, January 22, 2020 Editor's Note: Francis J. Aquila, Melissa Sawyer, and John L. Hardiman are partners at Sullivan

Consumer Services
ROUNDTABLE :- Opalesque Roundtable Series – Miami 2020

ROUNDTABLE :- Opalesque Roundtable Series – Miami 2020

In the future, every stock, every bond, every currency, every commodity and more assets will be digitized and cryptographically secured on a blockchain. But, not only that: whoever is first to issue the digital currency

Oil and Energy
Actis partners with Egypt’s sovereign fund to boost country’s inbound investments

Actis partners with Egypt’s sovereign fund to boost country’s inbound investments

The two groups have signed an agreement to steer investments into infrastructure and energy projects in Egypt

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