The European Union’s formation of its Platform on Sustainable Finance last week marks a new phase in responsible investing. Over the past four years or so, the most influential thinkers in the market, such as
Friday’s confirmation that the Issa brothers, backed by TDR Capital, had won the auction for UK supermarket Asda, catapulted them into the super league of borrowers in European leveraged credit — the handful of entrepreneurs
Spain has submitted an application for more than €20bn from the EU’s Support to Mitigate Unemployment Risks in an Emergency (SURE) fund.
Charles-Antoine Roche has joined Citi’s sovereign, supranational and agency syndicate desk after spending over a decade in the bank’s medium term notes business.
Chinese local government financing vehicle (LGFV) Yiwu State-owned Capital Operation Co replicated its peers’ recent bond pricing success, to raise $500m with a 65bp price tightening during bookbuilding.
Indian private sector lender Axis Bank is set to price a qualified institutional placement worth up to Rp100bn ($1.34bn).
Agricultural Development Bank of China raised Rmb4.3bn ($618m) from its second dim sum outing this year. Thanks to strong support from Chinese banks, the offshore renminbi bond market offered the issuer clear pricing advantages over
Everbright Water got its second attempt at a Panda bond past the finish line this week, two months after pulling a deal due to poor liquidity and climbing yields.
Indonesian high yield property companies are continuing to come under fire, with Alam Sutera becoming the latest to be hit with a downgrade due to bond refinancing concerns.
Chinese property developer Tahoe Group has defaulted on a third domestic bond in 30 days, as uncertainty remains over whether a tie-up with its peer China Vanke Co would eventually go ahead.
Melco Resorts Finance tapped its 5.75% 2028 notes on Tuesday, adding another $350m to the trade.
India’s HDFC Bank has picked a successor to its chief executive officer Aditya Puri, who will be retiring at the end of October.
Hong Kong real estate company Swire Properties has raised a HK$1bn ($129m) green loan to make some of its projects more eco-friendly.
Some with private equity owners, focused on making money, were particularly ill equipped and understaffed to handle Covid-19.
Slovakia will not be making use of the European Stability Mechanism’s pandemic crisis support lines, because of concerns that investors would look negatively on the decision.
The Council of Europe Development Bank has recruited a new member to its funding team with an appointment from fellow supranational borrower, the European Stability Mechanism.
Buyout firms are lobbying lawmakers in Washington for coronavirus assistance, but have come up short in at least one big way.
As the government rolls out trillions of dollars in emergency stimulus funds, a push by the industry has met with only modest success.
The deal for the internet domain for nonprofit organizations had set off fierce opposition.
Posted by Adam J. Shapiro and David E. Kahan, Wachtell, Lipton, Rosen & Katz, on Thursday, April 30, 2020 Editor's Note: Adam J. Shapiro and David E. Kahan are partners at Wachtell, Lipton, Rosen &
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