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New facility smaller than the original but 20% larger than the launch amount
Foreign issuers tap market for price and diversification
The new hire will report to Stan Chart's MENA FIG chief
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Melco Resorts Finance was forced to pay a premium to secure orders for its $500m bond this week amid a wider underperformance of recent casino deals.
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Chinese online travel company Trip.com Group has bagged $500m from its debut tap of the equity-linked market.
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CCB Leasing (International) Co issued a $500m bond on Tuesday, making it the latest Chinese financial borrower to tap the debt market.
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South Korea’s Doosan Infracore Co used a guarantee from Korea Development Bank to sell a $300m three year bond on Tuesday.
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Troubled lender Yes Bank has hit the market with an issue of fresh equity, with the deal covered at the open by pre-launch demand, according to bankers close to the trade.
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Indonesian state-owned electricity company Perusahaan Listrik Negara has changed tack on its loan plans in a bid to seal thinly priced deals in a difficult market environment, writes Pan Yue.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa