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German car maker Daimler is planning to return to China’s onshore Panda bond market with a private placement in the interbank bond market, several sources familiar with the deal have told GlobalCapital Asia's sister publication GlobalRMB.
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Market participants have been sceptical about the Hong Kong Exchange's (HKEX) plans for a Bond Connect with China ever since the idea was first floated in late 2014. Eighteen months later, the opening up of China’s interbank bond market (CIBM) has thrown up more questions about the scheme’s viability.
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ABN Amro became the first foreign lender to issue a tier two bond in Taiwan’s Formosa market following a change in rules at the start of the year.
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Shinhan Bank is looking to tie up its first tier two bond in the international market, launching an up to $500m offering on Thursday.
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Moody’s has released figures reflecting just how poorly leveraged finance in Europe fared in February, with loan issuance falling 70% from January's high.
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International banks have been keenly awaiting a mandate for $10bn of loans for Kuwait National Petroleum Company (KNPC) and this week the borrower said it was starting the financing with local lenders.
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Gazprom has set the spread on its first post-sanctions Swiss franc bond, a short dated note that is offering plenty of juice to yield starved private bank investors, according to bankers.
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Bulgaria stole the limelight in CEEMEA bonds this week, pouncing on a post-European Central Bank relief rally to print its first ever intra-day bond, a €1.994bn dual tranche seven and 10 year deal.
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Malaysian telecommunications group Axiata extended its credit curve this week, raising $500m from a 10 year wakala sukuk.
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Hyundai Motor Company has kicked off the sale of approximately 4.9m shares in Korea Aerospace Industries, which could net it W348.5bn ($292m).
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Fortune Oil PRC Holdings is in the market for a $240m three year loan that will refinance debt signed in October 2013.
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Bank of Communications Financial Leasing’s $1bn dual-tranche offering was a big success on Tuesday, as cash-rich Chinese investors were drawn to the credit amid a dearth of dollar offerings from the country.