News content
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HTN Towers, the Nigerian telecoms tower operator, postponed its London initial public offering indefinitely on Friday, having struggled to get enough demand from investors. McCarthy & Stone did, however, successfully complete its listing.
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The UK Debt Management Office has announced the tenor of its final syndication of the 2015 financial year.
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A government minister in one of Europe’s major economies has told GlobalCapital that green bonds could be a “complement” to the country’s existing climate change mitigation policies.
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French motorway operator Sanef issued a €600m 10 year bond on Friday, in the style of this week in the European corporate bond market: with a massive order book and single digit new issue premium.
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Tele Columbus, Germany's third largest cable network, is soon to allocate its loan facilities, having completed a rights issue, while Affidea, the European diagnostics group, has closed its refinancing oversubscribed.
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Albania returned to the international market for its second ever bond deal this week, raising a sum larger than it needed in a result that drew approval from rival bankers
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Nine offshore RMB clearing banks have been given approvals from the People’s Bank of China (PBoC) to participate in China’s onshore foreign exchange derivative sector, marking another step in China's capital market liberalisation China’s capital market.
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A $500m five year loan for Stats ChipPac, which launched in mid September, has received commitments from three banks, according to sources familiar with the deal.
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Future Land Development Holdings breathed some life back to the Asia ex-Japan high yield bond market this week with a red hot $250m bond that was close to 10x subscribed.
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LVGEM (China) Real Estate Investment Company is looking to raise HK$2.3bn ($300m) from a placement of shares with the proceeds intended to go towards funding a big chunk of an acquisition.
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Industrial and Commercial Bank of China New York has wrapped up its second offshore bond, sealing $1bn on November 5. But while Asian interest was strong, the issuer’s aggressive pricing tactic meant demand from US investors was lacklustre.
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In this round-up, Chinese government sets capital account convertibility goal for 2020, IMF yet to decide on RMB SDR inclusion, Shenzhen Connect unlikely in 2015, and cross-border RMB trade settlement in Hong Kong hits new record.