News content
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Renaissance Capital has hired Dan Harvey as a director on the firm’s equity trading desk in London.
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Africa Finance Corporation (AFC), a pan-African multilateral development finance institution, has returned to the market with a short dated medium term note and could print in the format again soon.
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Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is understood to have increased the size of its borrowing to $200m — double the launch size.
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The Federal Democratic Republic of Ethiopia has embarked on a non-deal roadshow, with Lazard engaged as financial advisor and Deutsche Bank and JP Morgan helping to arrange investor meetings.
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Interglobe Aviation, the holding company of Indian budget carrier IndiGo, and Coffee Day Enterprises are looking to launch their IPOs in October, in deals that could raise a combined Rp36.5bn ($548.19m).
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The trading arm of China’s Tewoo Group is raising a $100m two year onshore loan, with the amortiser offering banks an additional incentive for early commitments.
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Easing liquidity conditions supported offers in the very short end of the CNY swap curve on Monday. This drove some disinversion momentum in the 1s/2s NDIRS curve slope that sources expect to continue, writes Deirdre Yeung of Total Derivatives.
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Hong Kong conglomerate Swire Pacific is looking to find long-dated appetite with a new 10 year bond in US dollars.
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Industrial and Commercial Bank of China has mandated five banks to work on a US dollar-denominated Basel III tier two trade.
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The entity that has managed the Panama Canal since the US relinquished control in 1999 will meet fixed income investors in the next week ahead of a planned bond market debut.
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Corporate bond issuers sustained their recent flood of borrowing on Friday, as Italian oil and gas firm ENI and UK media company ITV both brought deals.
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Italy’s borrowing costs dropped across the curve at an auction on Friday, although its yields at the longer end are still some distance from the euro-era lows hit earlier this year.