Australia
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CLSA has made two senior appointments to its fixed income and debt capital markets teams in Asia Pacific.
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Strong demand from bank lenders has allowed Health and Happiness International Holdings to bump up the size of its dual-currency loan to $450m-equivalent.
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Société Générale sold its first non-preferred senior deal in Australian dollars this week, as international banks make better use of the currency for their total loss-absorbing capacity (TLAC) requirements.
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Bank of America Merrill Lynch (BAML) has tapped Simon Cox to lead its equity capital markets (ECM) business in Australia, according to a memo seen by GlobalCapital Asia.
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Gas asset and infrastructure investment consortium Quadgas made its debut in the sterling corporate bond market on Monday with a £350m 11 year offering. The company had previously raised funds from the US private placement market, but this was its first benchmark public deal.
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Canadian Imperial Bank of Commerce paid up to tap a euro-denominated senior bond on Wednesday, getting ahead of regulations next month that will make all senior debt subject to bail in. Bank of Nova Scotia also took out over $1bn equivalent of funding in Australian dollars this week.
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National Australia Bank issued €2bn of new senior conventional and green notes on Wednesday with a simultaneous tender for existing short-dated debt that could inspire other banks in the euro market looking to make their maturity profiles more efficient.
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National Australia Bank found demand for €2bn of new senior notes on Wednesday, at the same time as offering to buy back €750m of old debt.
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Fitch has assigned an AAA rating to the debut covered bond programme of ING Bank in Australia (INGBA).
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Bank of China Macau branch is providing a $700m loan to back Chinese alternative asset management firm CDH Investment’s acquisition of Sirtex Medical, according to a source close to the situation.
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Citi has made a handful of senior level changes to its loans and acquisition finance team in Asia Pacific, according to three internal memos seen by GlobalCapital Asia.