Citi
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Citi has made two senior appointments in its global equities division to fill the gap left by former head Derek Bandeen, who is retiring from the firm.
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Loans for financial institutions continue to flourish in general syndication, with deals for State Bank of India and Malaysia's Maybank progressing smoothly.
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Agricultural Bank of China New York raised $1.25bn from a dual-tranche offering on Monday, hitting the market early given expectations of more supply over the week. The issuer sealed a bigger floating rate note as it provides protection against volatility induced by the Federal Reserve, but executed the trade in an unusual manner.
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India's ONGC Videsh has lined up six lenders for a $1.268bn nine month loan to support its acquisition of a stake in oil fields in Russia.
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Ceské dráhy, the 100% state-owned Czech national railway operator, has mandated two banks for a Reg S only euro bond.
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Agricultural Bank of China New York has returned to the offshore bond market, having started bookbuilding for a dual-tranche dollar transaction on Monday morning.
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Samsung Biologics, which sent out a request for proposals for its South Korean IPO on April 29, is understood to have invited nine domestic and six international firms to submit bids.
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China International Capital Corp (Hong Kong) is gearing up for its first international bond with plans to meet investors next week.
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Panama City airport operator Aeropuerto Internacional de Tocumen and AES’s Dominican Republic subsidiary sold well-received dollar bonds on Wednesday as corporate issuance in Latin America continues to pick up. Banco de Bogotá is likely to be the next private sector issuer to tap the market.
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The Argentine province of Neuquén raised $235m of bonds this week, pricing at a yield more than 150bp less than where it had talked about a similar deal last September. The province's deal is the first Argentine bond since the sovereign’s blowout return to bond markets last month.
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The claims of Corporación Andina de Fomento (CAF) to full SSA status appear to be gaining weight after the Latin American development bank issued a three year dollar benchmark on Wednesday.
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Kelvin Leung has left Credit Suisse’s non-Japan Asia equity syndicate desk to pursue other interests, according to a source close to the move.