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Investors were eager to tender their bonds despite initial resistance
Banker had been with Dutch lender for just over a year
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Financial services company Far East Horizon has made its second visit to the equity-linked market, selling $250m of five year convertible bonds. -
Shandong Finance Investment Group Co sold its first dollar bond this week. Its $500m deal was heavily supported by a large syndicate team.
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Hong Kong property company New World Development Co sold a perpetual bond this week, raising $1.2bn to fund a tender offer for a fixed-for-life deal.
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Times China Holdings, Yango Group and Greenland Hong Kong Holdings, all of which are real estate developers, raised $840m between them from the bond market on Thursday, continuing a recent revival in issuance from the sector.
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Investment firm China Renaissance Holdings has closed its debut offshore borrowing of $300m.
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The Asia Pacific Loan Market Association, a trade body, has appointed Pedro Cheung as its new chairman.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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