Barclays
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Zambia has picked banks for a dollar bond and finishes a roadshow next week. Stabilising copper prices have raised some analysts' outlooks on Zambia's existing Eurobonds, although those notes dropped in the secondary following announcement of a new trade.
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Korea National Oil Corp (KNOC) has announced a series of investor meetings in Asia, Europe and US as it gears up for the first offshore bond of 2015.
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The future of Greece as a eurozone country was hanging in the balance on Wednesday — all but shutting down the euro benchmark market for public sector borrowers.
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Turk Eximbank closed a €500m loan on Tuesday with its novel two-year tranche proving popular with banks.
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India’s Dewan Housing Finance has sketched out tentative terms for a $110m facility and enlisted one lender to co-ordinate the fundraising. Its loan is expected to be followed by more financings from industry peers.
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Asia’s primary debt capital market was crowded on July 14 as opportunistic issuers rushed out to take advantage of a favourable, but perhaps short, issuance window. Korea Gas Corp (KoGas) was among the throng.
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Barclays has put Victor Wang at the helm of its China financials research and China equity strategy team, poaching the veteran analyst from Credit Suisse as the bank expands its coverage of Chinese equities.
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South African firm Naspers opted for a 10 year tenor for its first deal in two years. Debt bankers away from the deal applauded the decision, but could not agree on the premium the deal offered.
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Yong Rong Global Excellence Fund managed to navigate choppy market conditions in Asia’s equity capital markets to exit Bloomage Biotechnology in a HK$231.5m ($30m) block on Monday evening, wooing investors eager to take a position in the company at discounted levels.
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No sooner had the first tentative signs appeared of an agreement over Greece's debt crisis than the Asia ex-Japan primary debt capital markets finally woke up to some action from a trio of deals.
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A supranational is set to become the first European SSA to bring a syndication after Greece reached a deal with its creditors on Monday morning — but will steer clear of euros.
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The new chief executives at Deutsche Bank and Barclays have plenty of challenges ahead. Internal bureaucracy could well be the biggest.