Bank of America
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Entertainment One, the UK media company, plans to sell its first bond, £285m of secured notes, after a five day roadshow that ends on Friday.
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Real estate developer Country Garden Holdings is asking for consent to modify the terms and conditions of its outstanding dollar bonds.
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The Republic of Indonesia has gone against its normal strategy of raising conventional dollar bonds at the start of the year by issuing a massive $3.5bn dual-tranche offering on December 1. It broke with its policy for the first time in years in a bid to lock in low rates ahead of this month’s expected rate hike by the Federal Reserve.
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The French government last night sold €753.5m of shares in Safran, the French aerospace and defence group, in a block trade that was 1.6 times covered.
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Export Development Canada (EDC) printed its long awaited green bond on Tuesday. While it did not move on pricing, bankers on the deal said it was a strong trade for a sub-benchmark size.
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ICBC Sydney printed its first dollar bond on November 30, raising $300m from a trade that was more than three times covered.
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The Republic of Indonesia has returned to the dollar bond market for the third time this year for an up to $4bn deal, while eHi Car Services and Golden Wheel Tiandi Holdings are attracting high yield bids.
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Ball Corp, the US metal packaging manufacturer, wants to issue its first euro bond as part of a €1.5bn-equivalent deal to support the purchase of UK can maker Rexam.
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The French government is this evening selling 2.64% of Safran, the French aerospace and defence group, in a competitive block trade.
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Shares in Delta Lloyd, the Dutch insurance company, fell 10% on Monday after it announced a €1bn rights issue to strengthen its solvency as it plans for new EU insurance regulation. By Thursday, they were 29% down.
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Turkish bank Yapi ve Kredi Bankasi has hired four banks to arrange a dollar tier two bond that it expects to issue in early 2016, using the December quiet spell to capture credit investors’ attention.
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Doosan Power Systems (DPS) and the Sydney branch of Industrial and Commercial Bank of China started attracting interest from bond investors on November 30, opening books for their respective dollar deals.