HSBC
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Abengoa, the Spanish renewable energy and engineering firm, has allocated a €1.4bn refinancing loan, after issuing a €500m green bond last week.
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The National Bank of Oman launched its debut offering on Tuesday morning. Market conditions have been less than ideal for the issuer, which opened books in a risk averse market.
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Qatar’s Ahli Bank has closed a $200m debut syndicated term loan facility, increasing the size of the deal after its initial amount was oversubscribed.
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Five lenders have committed to join Indian company Rural Electrification Corp’s $170m loan. The transaction is the greenshoe portion of a larger borrowing. Funds for the original $230m have already been provided by the six bookrunners and mandated lead arrangers, which are syndicating the greenshoe on a best efforts basis.
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The National Bank of Oman has announced initial price thoughts for a dollar offering as the market recovers from a shaky start. Escalating geopolitical tensions in the region have contributed to a more risk averse sentiment and have meant that the market opened around 5bp wider this morning.
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CGN Meiya Power Holdings has raised HK$1.76bn ($228m) from its Hong Kong IPO by pricing the deal close to the top of the price range. An overwhelming response from retail investors meant the company ended up triggering the maximum clawback option available.
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Chinese real estate firm Sunshine 100 China Holdings raised $115m on September 25 by printing a 12.75% 2017 trade through the curve of its closest comparable – Redco Properties Group.
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Thai conglomerate Berli Jucker Public Co’s €650m 1.5 year bridge loan that it took to back its acquisition of Metro Cash & Carry Vietnam, is near closing. The company mandated HSBC and Mizuho for the financing.
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Chinese company UniTrust Finance & Leasing Corp, a subsidiary of Haitong Securities has made a rapid return to the loans market, opening a $150m fundraising into general syndication with three mandated lead arrangers and bookrunners.
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The expected wave of merger and acquisition financings broke on the US corporate bond market this week, as Roche and Sysco made triumphant returns while Suntory Holdings issued its first US bond.
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Commerzbank issued a €1bn five year mortgage Pfandbrief on Monday, achieving a spread that was in line with French borrower Compagnie de Financement Foncier (CFF) two weeks ago. The pricing shows that there is no longer a spread between French and German covered bonds, and bankers expect more jurisdictions to catch up soon.
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Yankee heavyweights ING and Santander rounded off a stellar month for US financials issuance with trades that pushed supply beyond $70bn.