Nomura’s natural resources, power and infrastructure EMEA team have worked on deals from the Philippines to France, involving airports, roads and power generation, and investors from equally diverse origins. UK water companies are a popular segment – and even Brexit has failed to dull the appetite, as Edward Russell-Walling reports.
Political unrest, high public debt and a drop in tourism have hit Egypt’s fortunes in recent years. But as a successful $4bn debt-raising deal has shown, investor appetite is recovering. Edward Russell-Walling spoke to the team from joint lead manager Citi.
No one in the covered bonds market had a busier start to 2017 than Société Générale Corporate & Investment Banking, seen as a leading liquidity provider. And while others are pulling out of the sector, SGCIB perceives this as a chance to increase its share of the market, as Edward Russell-Walling reports.
Saudi Arabia’s $17.5bn debut sovereign bond was the biggest ever emerging market deal and attracted wide interest in the light of its National Transformation Plan. Rating adviser and global co-ordinator JPMorgan was tasked with getting the story across, which was unique in many aspects, as Edward Russell-Walling explains.
When China’s Zhejiang Geely Holding Group, owner of LTC, decided to invest £250m in its UK manufacturing capacity for low-emission black cabs, a green bond issue seemed the ideal vehicle. The company chose Société Générale Corporate & Investment Banking as joint global coordinator for a deal that has tapped into investors’ growing interest. Edward Russell-Walling reports.
The bond market endured a miserable start to 2016, with January dead and February not much better. However, things sparked into life with the record-breaking Anheuser-Busch InBev euro-denominated bond. Edward Russell-Walling speaks to the BNP Paribas team that helped bring the deal to fruition.