The Asian Development Bank (ADB) today welcomed the Thai baht bond issued by Japan s Mizuho Bank, the first bond issue under the ASEAN+3 Multi-Currency Bond Issuance Framework aimed at fostering greater cross-border bond
sales in the region.
2 billion acquisition by Koch Industries; the firm was retained by the Official Committee of Retirees for the City of Detroit in the nation's largest municipal bankruptcy proceeding; Dentons advised the Republic of Ghana on a $1 billion cross-border bond
issue in Africa; and the firm secured a total defense verdict in favor of NIC Inc.
In the Middle East and South Asia, Standard Chartered has been strengthening Islamic banking since 2003 and has built extensive experience with sovereign issuers and cross-border bond
offerings for large corporate in Islamic financing.
Wragge & Co's banking and finance team has completed a cross-border bond
issue worth more than pounds 50 million for Sanctuary Housing Association.
They also pointed to the need to intensify cooperation in laying the domestic and regional groundwork essential for facilitating cross-border bond
Banks across the region have also become more frequent issuers in international capital markets, and the tightened liquidity in these global markets has led to the postponement of numerous intended cross-border bond
Latin America s debt bankers believe volatility caused by US interest rate increases and secondary market illiquidity will not derail the stomping progress of the area's cross-border bond
market, which is set for another record-breaking year.
NEW YORK, April 6 /PRNewswire/ -- To meet the growing global demand for more comprehensive cross-border bond
data, Standard & Poor's today announced a reciprocal agreement with CIBC World Markets, the wholesale banking arm of Canadian Imperial Bank of Commerce (CIBC), to distribute Standard & Poor's bond evaluations to CIBC's Canadian clients.
As the leading international clearing and settlement organization in Europe, Clearstream International offers comprehensive services for both domestic and cross-border bond
and equity trading, as well as investment funds.
Moody's is expected to assign an "A1" rating to the senior bonds, which is the highest rating that can be assigned to a cross-border bond
supported by Argentine assets, while Fitch IBCA is expected to rate the transaction "A+".
The issuance of cross-border bonds
to both public and private institutional investors allowed Enoch Cree Nation and River Cree Enterprises LP to buy out Paragon Gaming's minority shares.