News content
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Holders of $750m of Ukrainian poultry producer, MHP’s debt have refused to accept amendments to the bond which would prevent a covenant breach.
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The Islamic Republic of Pakistan has launched its third syndication in just the past year, seeking a $150m financing this time around.
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Vietnam’s state-owned Vissan Co has raised VN$906.84bn ($41.06m) from an IPO that received a rousing reception from investors, as the listing closed nearly 6x covered on Monday.
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Hyundai Capital Services (HCS) raised $500m from its inaugural green bond on Monday, in a trade that was notable for the strong participation of US accounts.
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India's HealthCare Global Enterprises is set to launch its IPO next week, with the deal expected to raise some Rp5bn ($74m).
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Chinese state-owned enterprise Yunnan Water Investment has obtained board approval to issue offshore debt.
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Chinese regulators are set to soon release official guidelines on the new scheme liberalising access to the China Interbank bond market (CIBM), according to Standard Chartered (StanChart). In the meantime, more details of how the scheme will work have come to light.
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The Republic of Indonesia is set to go on the road to meet investors for its annual return to the dollar sukuk market.
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A $250m five year loan for Indian Oil Corp (IOC) has opened for retail participation after two banks joined during limited syndication.
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Singapore’s OUE Hospitality Trust is carrying out an underwritten and renounceable rights issue worth S$238.6m ($171.4m) as it seeks to raise funds for an airport hotel purchase.
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India’s Dewan Housing Finance Corp has hit the loan market for a $100m borrowing, three months after holding a non-deal roadshow in Taipei.
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The European leveraged loan market has ground to a halt, with the pipeline looking thin and the few deals in the market struggling.