Citi
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Investors piled into the first offshore renminbi bond from Lenovo Group, keen to get their hands on some rare corporate supply. The strong response allowed the borrower to upsize the five year offering to Rmb4bn ($645m), equalling the record for the largest corporate dim sum bond.
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National Bank of Abu Dhabi has picked banks for a tier one subordinated deal, its first ever in the international bond market.
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Tough times in the Chilean high yield sector in the last 12 months are unlikely to put investors off taking advantage of a rare level of juice available for a credit from the country when Latam Airlines launches its new non-call five year bond on Thursday.
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MFB Hungarian Development Bank (MFB) has mandated for its first euro deal in four years, and kicks off investor meetings next week.
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Woori Bank is well underway with what will be the first Basel III additional tier one (AT1) from a non-Chinese bank in Asia ex-Japan. Bankers on the deal officially launched bookbuilding with price guidance on June 3, having collected feedback from investors the previous day on fair value and the best comps.
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The dim sum bond market is set to welcome a new name with technology giant Lenovo Group opening books to an up to Rmb3.5bn ($574m) offering on June 3.
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Spain and Council of Europe Development Bank hit the long end of the curve in euros on Tuesday ahead of a Greek debt repayment deadline later this week.
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Innocean Worldwide Inc, the advertising arm of South Korea’s Hyundai Group, has started the ball rolling on its IPO, testing investor demand for a $300m deal on Tuesday.
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Korea's Woori Bank has announced what will be the first Basel III additional tier one (AT1) from a non-Chinese bank in Asia ex-Japan. As a first of its kind bankers are given investors time to consider the structure and give feedback on pricing ahead of opening books.
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Citi has named seasoned traveller and Citi veteran Aftab Ahmed as Citi country officer for the Philippines. The move comes as the current Citi country officer, Batara Sianturi transfers to Citi Indonesia to serve as its country head.
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Logistics facility provider Global Logistic Properties (GLP) completed its debut outing in the dollar bond market in style, raising $1bn from a Reg S 10 year trade. Despite its first appearance, the company’s niche sector and link to GIC provided enough comfort to investors.
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The Democratic Socialist Republic of Sri Lanka made a well-received return to the international bond market on May 28, pricing a $650m 10 year bond inside its existing curve.