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  • Abi Dhabi Commercial Bank has released initial price thoughts equating to a 20bp new issue premium for its bond deal, according to a lead.
  • South Korean arms manufacturer LIG Nex1 had a debut to remember with institutional demand for its W524.4bn ($447m) IPO going through the roof. Books ended up 121x covered, with the company pricing shares at the top of the range and taking the title of the largest Korean listing of 2015.
  • Thai company Indorama Ventures is set to meet Singapore dollar bond investors next week ahead of a proposed offering, which would mark its debut outing in the currency. The borrower is selling the bonds with a guarantee from the Credit Guarantee and Investment Facility (CGIF).
  • China’s Ministry of Finance is gearing up to issue three month government bonds every week starting from next month as part of its efforts to get the renminbi into IMF's Special Drawing rights (SDR) basket, according to several sources close to the matter.
  • Mizuho Bank is expected to launch its inaugural bond in the Thai baht market on Wednesday, a few days later than planned as the borrower awaits orders from a key investor. The deal will be the first to be printed under a new pan-Asian initiative designed to streamline debt issuance.
  • CEE
    Avangard, the Ukrainian agribusiness, announced last week that it intends to implement a restructuring proposal with three aims.
  • Commodities trader Mercuria is back in the market for its annual refinancing, launching a $900m triple tranche revolver into general syndication late last week.
  • HM Sampoerna, the Indonesian unit of cigarette giant Philip Morris International, has launched an up to Rph20.8tr ($1.4bn) follow-on offering, with plenty of long-only funds on board as anchor investors.
  • Early weakness in Chinese equities triggered dip-buying and a stock market rebound. The improved risk sentiment has backed paying interest in CNY swaps and 1s/3s has flattened on currency-related underperformance in the short-end, writes Deirdre Yeung of Total Derivatives.
  • Hong Kong-listed LVGEM (China) Real Estate Investment is planning to raise HK$3.5bn ($451m) from a placement of new shares in order to fund part of a HK$13.79bn asset injection from Green View Holding.
  • Mexico-headquartered home appliance company Controladora Mabe received a positive outlook from Standard & Poor’s on Friday afternoon, leaving the issuer close to investment-grade status just as it meets bond investors.
  • GlobalCapital surveyed top SSA bankers and issuers on Thursday about what the US Federal Reserve's rate meeting would mean for the market, a few hours before the central bank said it would keep rates on hold.