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  • China International Capital Corp (CICC) raised a larger-than-planned $1.5bn from the bond market on Tuesday in a deal driven by Asian accounts.
  • Apollo Hospitals Enterprise has raised around Rp11.7bn ($160m) from a qualified institutional placement, drawing a swell of demand that pushed pricing above the floor.
  • Debt capital markets bankers covering Latin America continue to be impressed by the pace and variety of new issuance in January, with Guatemalan lender Banco Industrial the latest to join the primary pipeline.
  • SK Battery America, a subsidiary of South Korea's SK Innovation Co, found outstanding response for its green dollar bond on Tuesday. The firm was able to tighten pricing by 45bp, with the notes trading even tighter in the secondary market.
  • The relationship between the US and China, which has faced immense strain during Donald Trump’s presidency, is unlikely to get too much relief under the Biden administration. The biggest losers will be US banks and their capital markets business in Asia.
  • China Modern Dairy Holdings has raised HK$1.56bn ($201.2m) after selling a block of new shares to fund growth and M&A.