Citi
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Chilean natural gas terminal operator GNL Quintero (GNLQ) priced its debut 144A/Reg S dollar bond on Thursday, attracting a large order and pricing at the tight end of what observers considered fair value as benign conditions continue to attract LatAm borrowers.
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Bulgarian pharmaceutical company Huvepharma faces a race to meet Friday’s deadline for commitments on its €275m acquisition loan after a delay in getting the deal rated.
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Ross emerges on the buyside - SocGen hires DZ's MTN head - RBS's Anhamm heads back to ABN - Citi poaches MS bank analyst
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Tata Steel is back in the market for a $5.6bn loan and with a dozen lenders already on the mandate, sentiment ahead of the launch into general syndication is upbeat. But lesser known Indian corporates should not be holding their breath if they are looking to emulate the deal’s success. Although the country is back in lenders' good books, loan market liquidity is still the preserve of only a few flagship names, writes Shruti Chaturvedi.
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Bulgarian pharmaceutical company Huvepharma faces a race to meet Friday’s deadline for commitments on its €275m acquisition loan after rating agencies delayed announcing the deal’s credit rating.
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A recent first for the Formosa market — the dual Taiwan and Singapore listing of renminbi-denominated bonds from a Taiwanese corporate issuer — is unlikely to drive a flurry of similar issuance. While some in the market express hope that more issuers will follow suit, others are much less optimistic, arguing that such a small deal can never set a trend.
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Advanced Semiconductor Engineering (ASE) issued Asia’s first corporate green bond on July 17, attracting an enthusiastic response from investors. However, in a region where environmental sustainability still takes a backseat to economic growth, it was rarity value that attracted buyers to the inaugural three year issue rather than its green status.
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Chilean natural gas terminal operator GNL Quintero (GNLQ) is expected to announce its debut 144A/Reg S dollar bond on Thursday after completing investor meetings on Wednesday.
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Tata Steel announced a 5.5 year and 10 year dollar denominated dual trancher on Wednesday afternoon. The borrower is the second from the Indian high yield arena to open books for a debut dollar deal today, joining renewable energy company Greenko.
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Thai Airways has postponed its perpetual offering as it is yet to agree on the format of the bond. With the Thai militia wading in on the governance of its flagship airline, bankers say it is proving difficult to reach an agreement on the perp's structure with investors.
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A total of 12 banks have signed the mandate letter this week for Tata Steel’s multi-currency jumbo fundraising of around $5.62bn.
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Coal miner Adaro Energy Indonesia has wrapped up its $1.25bn club loan, with fourteen banks coming on board.