Citi
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US fashion brands group PVH Corp on Tuesday sold its first bond in the euro high yield market, amid growing concerns that the UK could vote to leave the European Union.
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Argentine pulp and paper company Celulosa Argentina has received approval from its board for a second attempt to issue international debt after the company’s CEO told directors that there would be appetite for new bonds thanks to the “new context” in capital markets.
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Abu Dhabi National Energy Company (Taqa) has released initial price guidance for a dual trancher in a choppy market, while Qatari telco Ooredoo has chosen to wait.
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Zhongrong International Trust has mandated banks for a Reg S dollar bond that could hit the market as early as this month.
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India’s Mahanagar Gas has finalised the marketing range for its Rp10.4bn ($154.7m) IPO that is set to launch later this month, according to a source with direct knowledge of the deal.
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Two new borrowers launched deals in the European high yield market on Monday, PVH and Salini Impregilo. Both are double-B rated, like most of last week’s deals.
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Thailand's PTT Exploration & Production (PTTEP) is sounding out holders of its existing 2018s for a cash buyback offer.
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Hotel Lotte Co has axed plans for a listing that could have raised W5.3tr ($4.5bn) after a raid by investigators on the offices of its parent proved one setback too many for the issuer.
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The Argentine province of Salta will meet bond investors this week as it looks to become the latest in a line of sub-sovereigns from the country to offer international bonds.
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Indonesian state-owned oil company Pertamina is understood to have lined up seven banks for a $1.5bn five year fundraising.
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Investors’ thirst for stock in Dassault Aviation, the maker of Mirage and Rafale fighter jets, was evident last March when Airbus sold €1.76bn of it in a block trade. It was clear again on Thursday night when Airbus launched a two-pronged monetisation of its entire remaining 23.6% stake.
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The IPO of ASR Nederland, the second biggest this year in Europe after that of Dong Energy, reached a successful conclusion one day later than Dong’s, when the stock rose 2.6% on its first day of trading on Friday.