Banks
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Health and Happiness International Holdings, a China-based supplier of paediatric nutritional and baby care products, has increased the size of its loan to $675m on strong demand.
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Venus Medtech (Hangzhou), a Chinese biotechnology company, has wrapped up its Hong Kong IPO at the top end of guidance, raking in HK$2.6bn ($311.1m).
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Another packaging company is hunting for better financing terms in the issuer-friendly European high yield bond market. Berry Global follows companies such as Crown, Ball, Smurfit Kappa, Owen-Illinois and Ardagh with an ambitious refinancing that could be priced as early as Thursday — the day of the UK general election.
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Christian Berendes will head up Deutsche Bank’s government and regulatory affairs department from next year, after being promoted internally.
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HSBC has picked Georges Elhedery and Greg Guyett as co-heads of its global banking and markets (GBM) division, replacing Samir Assaf, who has been handed a new role as chair of corporate and institutional banking.
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JAB Holding, the acquisitive consumer products holding company of the Reimann family, launched eight and 20 year euro benchmark bonds on Monday, hoping to adjust its debt pile with the proceeds.
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The Netherlands’ Prosus has raised its takeover offer for food delivery firm Just Eat to around £5.1bn. It has brought in a host of banks to finance the bridge facility, but the boss of opposing bidder Takeaway.com called Prosus' bid “derisory”.
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A banker specialising in ratings advisory has left Morgan Stanley after spending more than six and a half years with the bank.
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Utmost International, the life assurance group which mandated leads to run investor meetings for a senior bond in mid-November, may have missed the issuance window this year as the primary market slows to a standstill around the UK's general election.
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JS Global Lifestyle Co, a Hong Kong-based small appliance manufacturer, has started taking orders for its second attempt at a listing, launching bookbuilding on Monday at a fixed price.
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India’s Aditya Birla Finance (ABF) has closed its second offshore borrowing this year with three lenders.
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Poly Property Development has launched a roadshow for its Hong Kong IPO, with Singapore's sovereign wealth fund GIC throwing its weight behind the company.