ING
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Red Eléctrica de España, Spain's electricity grid operator, and Alstom, the French maker of railway rolling stock, have announced roadshows, after a fallow week for new euro issuance.
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ING has appointed a new branch manager of Singapore, replacing Catherine Low who has taken on a different position at the bank.
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A pair of CEE corporates, Veon Holdings and NordGold, released initial price guidance for bonds on Tuesday, both offering paper after a break from international issuance.
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The UK’s Royal Mail obtained chunky orders for a seven year euro bond issue on Tuesday, bringing home to bankers how much money is still in the system, despite the heavy issuance of corporate debt in the past month.
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Trans-Oil, the Moldovan agro-industrial firm, has signed a $150m loan facility with nine lenders, including three development banks.
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Kernel, a Ukrainian agriculture company, has returned to the international bond market for the first time in two years, defying the political turmoil developing in Ukraine.
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Eddie Wong, a director of loan syndications, has left ING after over a year.
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Siberian Anthracite, the largest producer of anthracite coal in Russia, has closed a dual currency loan refinancing, adding a large euro chunk to its existing dollar debt. The deal points to a growing inclination towards euro funding among Russian borrowers in a bid to avoid operational and sanction-related obstacles, say bankers.
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Commodities company Mercuria has returned for its annual outing to the syndicated loan market, and is seeking $1bn from a four-tranche borrowing.
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Rusal, the aluminium company, is set to sign Russia's first internationally syndicated sustainability-linked loan, for $750m. Some bankers say Russian borrowers are increasingly interested in financings linked to environmental, social and governance factors, as they hope to attract lenders put off by sanctions that have partly isolated Russia from capital markets since 2014.
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Chinese companies came to the international bond market in force on Tuesday, just days ahead of a week-long holiday in the Mainland to celebrate National Day.
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Budweiser Brewing Company Apac has raised HK$39.2bn ($5bn) after pricing its IPO at the bottom of guidance, and partially using an increase option. It was the company’s second attempt at listing in Hong Kong.