Bank of Sharjah is marketing a new US dollar bond, and the issuer will likely have to field tricky questions on one of its major shareholders after Standard & Poor’s slashed the Emirate of Sharjah’s rating by two notches at the end of January.
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Credit rating agency Moody's Investors Service could upgrade Mauritius.
The emirate is looking to raise billions of dollars to build infrastructure ahead of the 2020 World Expo
Nigeria made a barn-storming return to the US dollar bond market on February 9 when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
After recovering from civil war, Côte d’Ivoire had been a bright spot amid growing gloom in Sub-Saharan Africa
BNY Mellon is strengthening its commitment and focus on the EMEA region with a senior level Markets appointment to a newly-created position.
The revelation that Mozambique had not disclosed US$1bn of debt underscores the governance challenges in Sub-Saharan Africa that are undermining investor confidence amid a commodity and currency rout.
Saudi Arabia’s Vision 2030 paves the way for a country more reliant on investments than on oil exports.
The rapid rise in hard currency public sector debt in emerging market countries is combining with the weakening of EM currencies to create substantial economic and credit rating risks, Fitch has warned.
Latvia made a roaring return to the bond markets this week, stretching out its maturity profile to print a €650m May 2036 bond at close to its tightest ever spreads.
Qatar came bursting back onto the bond market at the end of May with a US$9bn triple tranche trade, with a deal that looks set to kick-start more issuance from the country.
The French water company Veolia has its eyes on the Middle East, with various new projects in the pipeline designed to help combat climate change.