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US insurer AIG, one of the major players in the subprime mortgage crisis, has been welcomed back to the euro bond market for the first time since its rescue.
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Republic of Turkey is looking to take its next chunk of funding in the Islamic market, just days after President Erdogan called for Muslims to reject contraception to ensure the continued growth of the Turkish population.
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PKN Orlen was on track to print a seven year dollar bond with books over €1.5bn at guidance on Wednesday.
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FIG borrowers have charged out of the gates this week, trying to make use of pent-up demand ahead of an action-packed June.
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Resolution to Mozambique’s latest debt problem is likely days away as a representative from the country's finance ministry confirmed that the government is in close negotiations with VTB Bank over a missed loan repayment.
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Credit Suisse launched its second opco level euro senior unsecured deal of the year on Tuesday, and appeared to suffer little ill effect from a Fitch downgrade last week.
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After a bumper week in dollars, euros will be back on the CEEMEA table this week with PKN Orlen and Croatia wrapping up meetings on Tuesday. But the European Central Bank meeting on Thursday and US data on Friday is expected to keep issuance limited this week.
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Mozambique has not defaulted on its loan obligations as it has not received a notification from VTB that Mozambique Asset Management has missed a repayment on state guaranteed debt, the Ministry of Finance told GlobalCapital on Friday.
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The Shanghai Stock Exchange (SSE) published guidelines for future stock suspensions by mainland-listed companies, removing another roadblock to the inclusion of A-shares in the MSCI indices.
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In this round-up, the Shanghai-Hong Kong Stock Connect see steady volumes on its southbound channel, the Sino-German exchange in Frankfurt marks its first six months and HKEX offers new details on its expanded RMB futures. Plus, a recap of GlobalRMB’s top stories this week.
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Qatar made history on Wednesday by printing the largest ever bond from a CEEMEA borrower. The triple tranche $9bn trade surpassed size expectations, and while initial teething problems saw the five and 10 year tranches soften in secondaries, rival bankers deemed the pricing a triumph.
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Banco Popular Español’s newest additional tier one issue traded at its highest level since January on Thursday, after the bank surprised market participants with plans for a €2.5bn rights issue to fund a large increase in bad loan provisions.