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Ukraine’s creditors should be concerned that the IMF has not yet defined the status of a $3bn Eurobond that Ukraine sold to Russia, said Ukrainian analysts following a IMF/Ukraine government press conference on Sunday.
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Syndication for a $274m loan for Indian pharmaceutical company Strides Arcolab is under way, with one lender at the helm. The proceeds are for the company’s acquisition of Aspen’s generic pharmaceutical business in Australia.
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Citi has been quick to capitalise on the reopening in the Australian RMBS market with a new A$500m ($346m). It follows hard on the heels of Commonwealth Bank of Australia’s (CBA) recent A$2bn trade that came after a jittery period in markets.
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China Securities (International) Finance Holding Company has picked banks for a US dollar bond, boosting the appeal of the notes with a standby letter of credit from the Hong Kong branch of China Construction Bank.
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Today's Chinese equity rebound is supporting receiving interest in short-end CNY swaps. Sources expect the rebound to extend and drive the 1s/5s curve slope steeper over the next few weeks. Meanwhile, Russian bank VEB is planning a Panda bond issue, writes Deirdre Yeung of Total Derivatives.
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Bi Feng Tang (Group) Holdings Corp has tapped Morgan Stanley as the sole sponsor for its proposed IPO in Hong Kong, with the casual restaurant chain filing a draft prospectus on September 4.
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Bond prices in the secondary market, alongside recent analyst reports, suggest a belief that Venezuela will meet its immediate debt obligations. But the prospects for next year appear murkier.
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Covestro, the polymer producing unit of Bayer, this morning released its intention to float (ITF) in Frankfurt, kicking off the first substantial listing process after the summer lull.
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A Washington-based borrower is prepping an impact note which for the first time will be based on bond documentation, GlobalCapital can reveal.
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A European sovereign debt management office is mulling a return to dollars before year end to build its curve in the currency — after ending a four year absence from the market in July 2014.
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Read on to see how selected French agencies are progressing through their 2015 funding programmes.
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The release of non-farm payroll data in the US did not deter Goldman Sachs from entering the senior unsecured market on Friday, as it became the latest in a line of North American banks to issue euro floaters.