News content
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Gunvor, the commodity trading company, has closed its refinancing loan with commitments outweighing the $1.1bn launch size.
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B2 Holding, the Norwegian debt management company, printed on Thursday its debut bond as it refinances its debts to support further acquisitions. -
Turk Telekom has agreed an $826m-equivalent loan with banks to refinance debt and provide working capital.
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A Canadian province braved the five year spot in dollars on Friday. A healthy spread over US Treasuries prompted strong demand despite negative five year swap spreads, which has caused other issuers to avoid this part of the curve.
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MetLife and Prudential on Monday stepped into a buoyant sterling FIG market, which after a rocky 2015 has seen a slew of primary successes and boosted liquidity levels in recent weeks.
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Albaraka Turk Katilim Bankasi (Albaraka Turk) opened the pricing for an innovative tier two sukuk deal on Monday morning with initial thoughts of 10.5% area.
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Finansbank has picked banks for a senior dollar benchmark that would be the first in the format from a Turkish bank since April.
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Coopération Pharmaceutique Française, the French pharmaceuticals distributor known as Cooper, has bank meetings scheduled on Wednesday for more than €350m of new debt for its leveraged buyout by Charterhouse.
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BPCE has registered to sell more Samurai subordinated bonds, looking to build on a successful debut in the format earlier this year, as European banks diversify their sources of new capital.
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Bank of Jinzhou Co started taking orders on Monday for its up to HK$7.31bn ($943.25m) IPO in Hong Kong, with just one cornerstone investor taking up 15% of the shares in the Chinese city commercial lender.
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Saka Energi Indonesia, a subsidiary of Perusahaan Gas Negara, has hit the market for a financing of up to $600m and is giving the banks the option of booking the loan onshore or offshore.
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BHG Retail Real Estate Investment Trust (Reit) has opened books for Singapore’s first mainboard IPO of the year, placing more than half of the S$255.8m ($181m) worth of stock in the hands of cornerstone investors.
