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State Bank of India has mandated three banks for a new $500m financing, hitting the loan syndication market roughly a year since its previous deal.

Bank of Communications (BoCom) Financial Leasing braved a cautious market on Tuesday August 18 to price a dual tranche trade. The borrower succeeded in making its debut in euros, while strong demand allowed the dollar tranche to come inside its existing curve.

Shanghai Pudong Development Bank and Ping An Bank have been picked as underwriters and mandated lead arrangers to a $1.1bn loan for the take-private of New York-listed Wuxi PharmaTech.

Lotte Group has kicked off the first phase of listing its hotel arm on the South Korean stock exchange, sending out a request for proposals to banks on August 19.

Hong Kong conglomerate Chinney Alliance is one step closer to spinning off its foundation piling business – Chinney Kin Wing Holdings – having filed a listing application to the Hong Kong Stock Exchange (HKEx) on August 18.

Diva Hon has joined Bank of Communications International as an executive director in the equity capital markets team, after spending more than nine years with Citic CLSA Securities.

The Republic of Peru took advantage of a deserted primary bond market in Latin America to issue its first new dollar benchmark since 2010 on Tuesday.

South Africa is experiencing a difficult week in credit markets, with credit default swaps that reference its debt hitting their widest point for two years.

The board of directors of SRV Group, the Finnish construction company, has decided on the terms of the firm’s €50m rights offering.

A pair of public sector borrowers — including a super rare issuer in dollars — have nipped in ahead of a data laden September to bring deals this week, following the lead of Denmark’s KommuneKredit.

Nordic Investment Bank has launched its first long dated Kauri bond in nearly four years, which is also its first new line in the format in over a year.

Spain slashed its one year borrowing costs at auction on Tuesday but the yield was still higher than the lowest level the sovereign has achieved so far this year.