Asia Pacific
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Echosens, the French subsidiary of Shenzhen-listed Inner Mongolia Furui Medical Science Co, is preparing a float on the main board of the Hong Kong Stock Exchange. -
Australia and New Zealand Bank has appointed Vishnu Shahaney as the new chief executive officer for Indonesia, replacing Joseph Abraham who is leaving the firm.
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Indian medical institute Medanta is in the midst of selecting banks to run a potential $300m IPO, according to a source with knowledge of the deal.
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Yunnan Provincial Energy Investment Group is looking to issue its first dollar bond and has hired banks to set up investor meetings.
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French lender Natixis announced on Wednesday that it has created a global structured credit and solutions (GSCS) business in Asia Pacific.
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Beijing-based Sunshine Life Insurance Corp has opted for a triple-tranche offering for its debut in the offshore bond market, dividing the trade into three year, five year and 10 year notes.
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Finland is lining up a three year dollar benchmark for Wednesday, following a stream of issuance on Tuesday that highlighted the strength of the dollar market.
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PNB Housing Finance has made changes to the bank group leading its $400m Indian IPO, bringing in Bank of America Merrill Lynch to replace Barclays as a lead manager, according to a source close to the trade.
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More details have emerged on a $405m loan being underwritten by three banks to fund Blackstone’s purchase of a stake in Indian fintech firm Mphasis.
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The nascent Panda bond market could reach over Rmb300bn ($46bn) by 2020, according to Yan Yan, chairman of China Chengxin International Credit Rating (CCXI).
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Chinese brokerage Orient Securities Co has applied for the go ahead to list on the Hong Kong Stock Exchange in an IPO that could raise $1.5bn, according to sources with knowledge of the deal.
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Korea Resources Corp (KoRes) managed to brush away concerns about Moody’s decision to review its rating for a downgrade, raising more than expected from its latest bond outing. The deal’s high quality order book stood out when compared with some other recent transactions from peers.
