News content
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The initial public offering of Deezer, the French music streaming business, appeared to be in jeopardy on Tuesday afternoon, after the deal’s book closed without a covered message.
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The Kenyan government will launch into general syndication a loan that could raise $750m in the next couple of weeks, according to a lead banker.
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Peru opened books on its first euro transaction in over a decade on Tuesday morning, while other Latin American sovereigns are eyeing deals in the currency.
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South Africa’s FirstRand Bank is in the market for its second loan of the year, while fellow South African firms Investec and Naspers are due to close deals soon.
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Angola’s national oil company Sonangol launched its $1bn loan into general syndication last week, after offering the deal to senior lenders in August.
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The European Investment Bank has agreed to provide a loan of up to €200m to Avinor, the Norwegian airport operator.
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Majid Al Futtaim (MAF) on Tuesday opened books on only the second Middle East corporate sukuk of the year, as Islamic bond issuance starts to lag behind the 2014 run rate.
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Nationwide Building Society issued an unusual euro floating rate note on Tuesday amid a positive sentiment in the FIG market.
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The African Development Bank slipped in with a two year dollar syndication before a US Federal Open Market Committee meeting this week, which was priced all but flat to the borrower’s curve.
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InterGlobe Aviation has launched its IPO of as much as Rp32.5bn ($500m) after finding robust demand from anchor orders, with their response expected to boost interest from other investors during bookbuilding.
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Indonesia’s Trikomsel Oke announced this week that it won't be able to pay interest on two Singapore dollar bonds owing to financial difficulties. If it happens, it would be the first case of default in the Singapore bond market since the global financial crisis, and is expected to rock the city-state’s debt market.
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The National Bank of Belgium has announced that it will be introducing additional capital requirements for its systemically important banks.