Asia

Itau Adds Asia Greenshoe

Brazil Asia Bonds

Itau has added $170m to its long 10-year Tier 2 bond, exercising the 10% greenshoe option during Asian market hours and bringing the total issue size to $1.84bn. The Braz...

Asia-Latin America: Damaged goods

Asia Economy & Policy Corporate & Sovereign Strategy

Latin America has become ever more dependent on commodities exports to Asia – some fear at the expense of boosting the productivity of its own domestic industries

Asia-Latin America: Red herring?

Asia Bonds

Latin America’s trade with China is booming. Yet the relationship between the two regions is a work in progress – as are moves to raise debt in renminbi

CAF Eyes Dim Sum, AUD

Venezuela Asia Bonds

Corporacion Andina de Fomento (CAF) is evaluating the offshore renminbi (RMB) and Australian markets as new sources of funding outside of its well-established USD, EUR an...

Santander Chile to Meet Asian Buyside

Chile Asia

Banco Santander Chile is planning to meet bond investors in Singapore Tuesday and Hong Kong Wednesday, according to sources familiar with the process. Deutsche Bank, Gold...

BdB Adds Asia Greenshoe

Brazil Asia Bonds

Banco do Brasil has added $175m to its 10-year senior bond, exercising the 10% greenshoe option during Asian market hours and bringing the total issue size to $1.93bn. Ba...

PC Maker Acquires Brazilian Group

Brazil Asia M&A

China's Lenovo Group has agreed to buy Brazilian electronics maker Digibras, known by its CCE brand, it says, in a transaction valued at BRL300m ($147m). In exchange for ...

FPSO Loan Nears Close

Brazil Asia Loans

Sponsors of a Brazil-bound floating production, storage and offload (FPSO) project are close to finalizing a 12-year $1.05bn loan, with closing expected this week, accord...

CAF Gets Asian Loan

Bonds Structured Finance Venezuela

Corporacion Andina de Fomento (CAF) has closed a $113m syndicated loan, it says, done through a group of Asian banks. The 3.5-year bullet loan pays Libor+97.5bp and was a...

Itau Adds Asian Greenshoe

Brazil Asia Bonds

Itau has added $125m to the $1.25bn 2022 Tier 2 bond priced on Monday, exercising a greenshoe option during Asian hours. The extra portion saw $800m in demand and boosted...

Baja Mining Project Gets Asian Boost

Mexico Asia M&A

Baja Mining’s Boleo project in Mexico has secured $90m interim financing, it says, from a consortium made up of Korea Resources Corporation, LS-Nikko Copper, Hyundai Hysc...

BdB Tests Dim Sum Market

Brazil Asia Bonds

Banco do Brasil has become the first Latin American bank to tap the Dim Sum bond market, with a small CNH 166m ($26m) transaction. The Brazilian lender priced the 2-year ...

DB Syndicate Banker Heads East

People Corporate & Sovereign Strategy Asia

Deutsche Bank EM debt syndicate director Jacob Gearhart is moving from New York to Singapore to become head of global risk syndicate Asia, according to sources familiar w...

US E&P Exits Vene

Venezuela Asia M&A

Harvest Natural Resources has agreed to sell its 32% stake in a Venezuelan oil exploration project to Indonesia’s PT Pertamina for $725m, it says. The all-cash sale concl...

CAF Continues Diverse Funding Amid Volatility

Venezuela Asia Europe

Regional development bank CAF has landed bond transactions in Switzerland and Hong Kong. The Andean development bank issued a CHF175m ($180m) 2.5-year floating-rate bond ...