Bank of America
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Albemarle, the US speciality chemicals company, priced a €700m ($867.32m) seven year bond on Monday to finance its acquisition of Rockwood Holding, another US company. It is the latest in a spate of US corporate issues in euros, but Albemarle paid a high premium for its debut in the currency.
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Mobile game developer Feiyu Technology International Co priced its IPO in the middle at HK$2.20 ($0.28) a share to raise HK$659.21m, even as books were covered across the price range.
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Onex, the Canadian private equity firm, has acquired SIG Combibloc, the Swiss drinks carton maker, for €3.75bn and confirmed 10 banks that will arrange the leveraged buyout.
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United Biscuits drew a flock of lenders to the bank meeting on Friday for its £985m-equivalent loan for its acquisition by Yıldız of Turkey. Banks in particular are eager to gain a relationship with a new company in the European leveraged finance market.
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Swedish pharmaceutical company Meda has completed the early bird syndication of its Skr28bn (€3.03bn) loan to buy Rottapharm Madaus, according to a banker at one of the leads.
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The Republic of Indonesia has picked the banks that will sit on its bond panel next year, dropping one bank and appointing two new members.
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Big acquisition financing trades graced the dollar market ahead of the Thanksgiving holiday while Medtronic rounded off investor calls ahead of an anticipated $10bn M&A trade expected to come next week. All told, November has been the busiest month for US high grade supply — $87bn —since September 2013.
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Huadian Fuxin Energy Corp has raised HK$1.72bn ($222m) through a private placement of H-shares to a group of 10 investors, with the company’s sector of operation winning the favour of the market.
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US energy company ContourGlobal’s plans to issue debt via its Peruvian subsidiary Energía Eólica in a deal that could provide Latin America with its first ever green bond.
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NXP Semiconductors, the Dutch chip maker, raised $1bn on Tuesday with a convertible bond that used the call spread structure popular with US tech companies.
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Korea Eximbank was able to raise well over its minimum target amount on Tuesday with its inaugural bond in Canadian dollars, a currency that the issuer had been eager to print in for a long time.
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Onex, the Canadian private equity firm, has acquired SIG Combibloc, the Swiss drinks carton maker, for €3.75bn and confirmed 10 banks that will arrange the leveraged buyout.