BNP hires for southeast Asia loans team
BNP Paribas has hired a banker for its loan syndicate team for southeast Asia.
View ArticleWoodford-backed contraceptive producer pulls Aim IPO
Evofem Holdings, a company backed by Invesco and Woodford Investment Management that is developing woman-controlled, hormone-free contraceptives, has abandoned an attempt to float on Aim.
View ArticleLong bias in iTraxx Europe causes index roll dislocation
Credit derivative indices rolled into new series on Tuesday, with traders reporting a big long bias in the outgoing Series 24 of iTraxx Europe among buyside participants that caused the new index to...
View ArticleGMAC prices £330m UK auto paper
GMAC sold the £300m senior tranche of a £329.6m UK auto ABS deal on Tuesday, retaining the rest of the deal.
View ArticleHumana prices IPO at top of range, shoots up on first day
Humana AB, the Swedish company that provides care for the elderly, disabled and mentally ill, shot up 19% on Tuesday, its first day of trading after its IPO in Stockholm.
View ArticleCiti, Goldman sell $1.8bn CMBS tied to Blackstone biomed portfolio
Citi and Goldman on Tuesday sold CGGS 2016-RND, a $1.8bn single borrower CMBS transaction backed by one fixed and one floating rate loan made to Blackstone Group to finance its acquisition of BioMed...
View ArticleIndo Eximbank shortlists eight for $500m refi
Indonesia Eximbank, which had been talking to lenders over the past few weeks for a $500m refinancing, has zeroed in on a group of eight lenders for the new club deal.
View ArticleBack for more: SPDB returns with Rmb15bn green bond
Less than two months after Shanghai Pudong Development Bank became the first domestic green bond issuer in China, the lender is set to revisit the market on Friday with a Rmb15bn ($2.3bn) offering.
View ArticleTobin tax plan divides markets
In the past week, two Chinese officials have publically acknowledged the possibility of a tax on foreign exchange (FX) transaction to curb capital outflows. Although details on the initiative still...
View ArticleHSBC retains top ranking in Asiamoney’s Offshore RMB Poll 2016
HSBC reigns supreme for the fifth year running as the best overall provider of offshore RMB products and services in the largest and most competitive Offshore Renminbi (RMB) Poll.
View ArticleBond issuers rush to catch pre-Easter window
Asia's debt market was crowded on Wednesday with three issuers on the hunt for their respective fundraisings ahead of the Easter holiday.
View ArticleInvestors pour into rare TMB $300m bond
Thailand’s TMB Bank made a popular return to the bond market on Wednesday, raising $300m from a 5.5 year offering that was six times covered thanks mostly to its rarity value.
View ArticleTata to pay up for Canada refi following downgrades
Tata Steel is expected to offer banks a much higher return for a refinancing related to its Canadian operations than what it paid for a recently concluded $1.5bn facility.
View ArticleYunnan Provincial seals $300m as buyers flock to dollar debut
Yunnan Provincial Investment Holdings Group (YIG) attracted strong demand for its maiden dollar bond on Wednesday as its link to China’s provincial government worked in its favour.
View ArticleAsia ECM round-up: Nameson, Torrent, Infibeam
Nameson Holdings is braving the pre-Easter lull with a HK$665m ($86m) Hong Kong IPO, which launched on Thursday with the parent of Japanese clothing chain Uniqlo among its cornerstone investors.
View ArticleSterling SSA primary market dynamics in 2016 — a promising outlook
The sterling SSA primary bond market is set to have a record breaking first quarter in terms of issuance volumes, which currently stand at £12.25bn. There have been a number of notable deals from...
View ArticleABN Amro makes Sing dollar tier two return
Dutch lender ABN Amro returned to the Singapore dollar bond market for the first time since 2012, raising S$450m ($331m) with a tier two offering.
View ArticleIndonesia’s Rimo delays $578m rights issue
Indonesian department store operator Rimo International has set a new date to obtain shareholder approval for its Rph7.52tr ($576.78m) rights issue, according to a filing.
View ArticleMongolian Mining fails to pay loan, triggers bond default
Mongolian Mining Corp (MMC) has failed to pay banks instalments and interest related to loans it raised in 2014, according to a filing with the Hong Kong Stock Exchange.
View ArticleMalaysia bourse updates listing rules
Bursa Malaysia has announced a handful of changes to its listing requirements as it tries to improve disclosure standards and corporate governance practices on its stock markets.
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