Barclays
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Barclays is making a big push into the blocks business in Asia Pacific as it looks to capitalise on the revenue-generating opportunities available in that side of the ECM market. To that extent, the bank has appointed Jack Yee as its new head of blocks origination for the region, while bumping up Daniel Wosner to the position of head of equity syndicate.
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Reliance Industries is back in the dollar debt market for the second time in two weeks, taking advantage of strong residual demand to launch a 30 year bond on February 3.
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Chinese technology giant Tencent is set to talk with US investors on conference calls this week after picking three banks for a possible bond.
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Eurozone sovereign issuers lined up to take advantage of the quantitative easing driven flattening of the euro curve on Monday, as one country the periphery mandated banks for a 30 year benchmark and another set most of its target range for an auction later this week at the long end of the curve.
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Italy’s Servizi Assicurativi del Commericio Estero (SACE) made a last minute appearance in last week’s primary FIG market, pricing a €500m perpetual non-call 10 year subordinated bond at 25bp lower yield than initial price thoughts were set at, despite uncertain secondary markets.
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China State Shipbuilding Corp is set to be the latest Asian issuer to tap the European bond market, after mandating banks for a debut which will be backed by a standby letter of credit (SBLC) from Bank of China.
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Wittur, the German lift components producer, set price guidance for its €285m ($322.23m) acquisition loan at a London bank meeting on Monday, a day before its new private equity owner, Bain Capital, added TI Automotive to its portfolio.
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Bond investors are hoping for a flood of US supply in the coming weeks as companies emerge from earnings blackout following a disappointing start to the year.
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Techniplas, the privately-owned US maker of plastic components, cancelled its sale of a €135m debut bond on Monday — a rare deal failure in a buoyant European high yield market.
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UK online gambling business Sky Bet has widened the margin on its £340m leveraged loan by 25bp as the deal nears its deadline for commitments.
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Italian oil and gas company Eni shrugged off any concerns around falling oil prices to issue a €1bn 11 year bond on Tuesday that was five times subscribed.