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BWICs spike and spreads widen but market remains constructive
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
Dasha Sobornova joins from Akin Gump with experience across asset classes
Trade body for levfin investors turns to leading rating analyst
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K Wah Financial Services has increased the size of its borrowing to HK$3.3bn ($425m) from the planned HK$2.5bn, after 10 lenders came onboard during syndication.
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Neil Hamilton, partner in the Finance practice of Paul Hastings in London, speaks with Senior Reporter Hugh Leask about the evolving landscape for European CLOs.
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Richard Tynan has been appointed head of syndicate EMEA at RBS in London. He replaces Myles Clarke, who was named COO of RBS's new markets client board in July.
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Hutchison Port Holdings is in the market for a chunky $3.6bn financing, and has only approached banks that have previously provided it funds. The deal is sizable, but bankers are confident there is enough liquidity to support it.
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Bank of China is coordinating a HK$3.5bn ($451m) five year loan for Onfem Finance, and has invited banks to form arranger groups at the top level. The borrower appears to be taking advantage of Asia’s flush liquidity with the new financing, having signed a similar-size loan only last month.
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China National Offshore Oil Corp is speaking to banks about raising $3bn in debt, just six months after it borrowed a jumbo $6bn loan.