Mizuho
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The Tokyo Pro-Bond market has welcomed its first offshore renminbi offering, with Mizuho Bank printing an Rmb250m ($41.1m) trade.
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Dutch conveyor belt provider Ammeraal Beltech has bucked the sour mood infecting leveraged finance markets, closing a €300m loan that backs its buyout by Advent International.
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Korea Gas Corp (KoGas) mandated six banks as the company gears up for a benchmark sized return to the dollar bond market next month.
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Singapore Telecommunications (Singtel) raised $500m through a 10 year bond on June 23, pulling off a big coup by not only pricing the deal tightly but also finding an opportune window to execute its trade.
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Export-Import Bank of Korea (Kexim) completed its return to dollars in style this week, selling a SEC registered dual tranche deal that drew over $2bn of demand. Amid a high level of volatility due to concerns over Greece, bankers chose a good window for the Korean policy bank, which was able to meet its size and pricing goals.
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A trio of investment grade names launched new deals on Tuesday as Asian bond bankers were bolstered by hopes that Greece's latest budget proposals would stave off a debt default and lead to a deal with creditors later this week. But they believe the market is still volatile and as a result only strong high grade names will be able to get deals done.
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Indomobil Finance Indonesia has tripled the size of its facility to $300m following rousing demand from banks, with the syndicate group seeing no scaleback in their final holds.
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Export-Import Bank of Korea (Kexim) has mandated seven banks to work on its return to the dollar bond market which could be as early as this week.
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Mizuho International has brought in a new head of fixed income trading in London, with its previous head moving to another senior job within the bank.
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Tokai Holdings Corp, a diversified, but small and localised Japanese company, launched its first convertible bond on Tuesday June 9, raising ¥10bn ($80m) from investors outside Japan.
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Attempts by Turkish banks to go beyond the standard one year refinancing have gathered momentum, with Turk Eximbank joining Akbank in offering a longer tenor.
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Two Japanese companies joined in the active convertible new issue market this week: condominium developer Iida Group and Edion, an electricals and electronics retail chain.