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LatAm Airlines crash landed into US bankruptcy courts in 2020 after the pandemic effectively shuttered airline travel. Without a tether in its home country Chile, Latin America’s largest carrier was forced to struggle through a one-of-a-kind restructuring.
New direction
Malaysian toll road borrower MEX I Capital achieved a turnaround that resolved corporate governance issues, improved investor protection and restored trust with sukuk holders.
The Middle East was one of the few bright spots globally in equity capital markets in 2022, with IPOs regularly flooded with billions of dollars of demand. Bankers believe that not only is issuance sustainable, but the diversity of sectors, types of deals and even geographic location of companies tapping the market will expand, ensuring the region is a significant part of future ECM activity.
The UK’s LDI crisis was one of the most shocking events in the financial markets in 2022. What went wrong and what happens now?
So-called perfect storms are becoming more frequent in the financial world. The UK will need to tread carefully to avoid being caught in another one.
Buffeted by Covid-19 and caught in the crosshairs of Sino-US tensions and an authoritarian Chinese regime, Hong Kong’s ability to adapt is under sharp focus as it seeks to remain relevant as a global financial centre.
As Japan makes the crucial move to net-zero carbon emissions and other environmental targets, it is relying on transition finance as the mechanism to get there.
