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Property developer Fujian Yango Group started taking bids for its debut international bond on Tuesday, immediately after wrapping up fixed income investor meetings. Its deal follows fellow Chinese company Zhejiang Huzhou Huantaihu Group Co’s $150m outing on Monday. -
Indonesia Eximbank is meeting investors for its second dollar bond, while Indika Energy is looking to refinance its 2018s with new notes.
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Law firm Ashurst has hired partner Tamer Bahgat and advisor Natalia Sokolova to its first European high yield practice.
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Property developer China Evergrande Group sold another $1bn bond last Friday, hitting the market just a week after a bigger $1.5bn outing.
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Chinese issuers Fujian Yango Group and Tewoo Group Co, alongside Fullerton Healthcare Corp from Singapore, are wooing investors for their respective dollar bonds with roadshows set to take place this week.
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KEB Hana Bank and Huantaihu International Investment Co ventured out to the dollar debt market on Monday morning, as 10 year US treasury yields slid to 2.37%.
