Mongolia’s vast copper-gold project remains stuck in a rut despite rumours that Rio Tinto is closing in on a takeover of the main project company, Turquoise Hill.
Given the incentive of the high coupon of 10%, the issue provides an interesting investment alternative for CNH bond investors and further diversifies the offshore renminbi bond market.
New regulations on foreign investment and securities, combined with a free election calendar, means things are looking up for Mongolia.
There are signs that foreign investors are returning to the country following what appears to be an about-face for the government, which has retreated from the most contentious issues in its investment and mining laws
Last week's rescue of Savings Bank reflected badly on the whole industry, but also showed that the Mongolians are committed to bailing out international investors.
Mongolia attracts $15 billion of demand – twice the size of its GDP – for its inaugural bond. Bond bubble anyone?
The state-owned aluminium producer offers $926 million for up to 60% of the Mongolia-focused coal miner through a tender offer as it steps up its diversification strategy.
Mongolia's only policy bank prints $580 million, with investors submitting a whopping $6.25 billion worth of orders. Separately, Agile Property reopens issuance from the Chinese property sector with a $700 million deal.
Hong Kong retailer Lifestyle International strikes with its tap ahead of a crucial Greek debt swap deadline and succeeds in re-pricing its secondary bonds.
The Inner Mongolia-based start-up coal miner seeks to raise about $150 million via its offering.
Goldman Sachs invests in the Trade and Development Bank of Mongolia.
Mongolia's vast, sparsely populated, landlocked country offers a bonanza to miners that is fuelling double-digit economic growth, but is also exposing it to internal and external dangers.
Hong Kong’s Kerry Group is to sell its Mongolian coking project for a tidy profit after three years.
A debut Mongolian sovereign bond is back on the agenda as the country looks to raise funds for capital investment projects.
Bankers are preparing for the sovereign bond rush that typically augurs the start of the New Year. Aside from the Philippines, another candidate that could hit the market early is Indonesia, while Vietnam and Mongolia remain outliers.
Mongolian Mining prices its offering at the mid-point for a total deal size of $650 million, after Winsway raised $472 million from its Hong Kong IPO at the end of last week.
Mongolia’s first boutique investment bank, Frontier Securities, hires a co-chief operating officer.
Mongolia's frontier economy and mineral wealth attracts international interest amid discussions to tap the international capital markets this year.
Last November the Canadian-listed coal company with mines in Mongolia attracted CIC as an investor, now Hong Kong investors will get their chance to buy a share.
The Canadian coal mining company will use the money to expand production and improve local transportation.