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India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
South Korean policy lender kickstarts 2025 funding following a month of political chaos
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  • Bank of America sold a floating rate note over the Bloomberg short-term bank yield index rather than Sofr this week, as Morgan Stanley added to the post earnings rush in dollars.
  • Malaysian oil company Petroliam Nasional (Petronas) raised $3bn from a dual tranche bond, just a day after the country’s sovereign made its dollar return.
  • Top Glove Corp, the world’s largest manufacturer of rubber gloves, has revised its planned Hong Kong listing down to a size of HK$6.9bn ($889m).
  • BOC Aviation has sold a $750m bond through its US subsidiary, pricing its third dollar outing of the year at wider levels than some fair value estimates from analysts.
  • Indonesian property developer Pakuwon Jati returned to the offshore debt market this week after a four year hiatus, selling investors a $300m seven year bond.
  • Dalian Wanda Commercial Management Group Co sold a sub-one year bond on Thursday, raising $325m.
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