BNP Paribas
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Anheuser-Busch InBev, the Belgian-Brazilian brewer, mandated a group of 21 banks to provide its $75bn loan facility, but there was no coordinator as AB InBev took an active role in arranging the transaction.
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ICBC New York returned to the dollar bond market one year after its debut with a $1bn dual-tranche offering on November 5. While the deal was popular with Asian accounts, interest from the US was lukewarm because of the issuer’s aggressive pricing tactic.
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Landesbank Baden-Wuerttemberg (LBBW) went for size on Thursday as it was set to print a €500m tap of its outstanding September 2017 floating rate notes, bringing the total outstanding debt to €1.15bn.
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The Asia ex-Japan bond market sprung to life on November 12 with China Huarong Asset Management, China State Construction Engineering Corp and Beijing Properties opening books for dollar bonds, while Korea Housing Finance Corp (KHFC) opted for a covered bond and Malaysia’s Axiata Group, a sukuk.
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Korean Air Lines is getting ready to hit the offshore bond market, having hired a bank and secured a guarantee from the Export-Import Bank of Korea (Kexim) for a hybrid deal.
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Anheuser-Busch InBev, the Belgian-Brazilian brewer, submitted a final recommended offer for SABMiller on Wednesday, having raised a record $75bn loan to support the transaction.
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Alliance Data Systems, the unrated US private label credit card and marketing services provider, is set to end meetings with European investors on Thursday for €300m of unsecured notes, its first euro issue.
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Renaissance Capital, an emerging and frontier markets investment bank, has hired Jon Oosthuyse on to its Johannesburg trading desk as a director and senior sales trader.
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BNP Paribas has tapped the Australian dollar market with a 10 year note on Wednesday, drawing demand from Asian investors.
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Anheuser-Busch InBev has secured a $75bn syndicated loan, which has been described as “the world’s largest ever loan”, for its £71bn recommended acquisition of SABMiller.
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Amadeus, the Spanish company that provides IT systems to the air travel industry, reaped the rewards of patience on Tuesday after sitting in the pipeline for five weeks as its €500m six year no-grow bond brought in an order book of over€4.75bn.
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BMW returned to the bond market on Tuesday with a €1.25bn deal, its first issue since the Volkswagen emissions scandal made investors reassess their attitude to the car industry.