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Petrochemical firm Thai Oil has mandated HSBC and Standard Chartered for a series of investor meeting starting on July 13.
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The Chinese property sector landed in the euro bond market for the first time on July 7, with China Overseas Land & Investment (Coli) raising €600m ($660m) from a four year offering.
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Bumi Armada has signed a loan and standby letter of credit facility worth a $755m with a group of seven banks. The money will be used to take out a bridge loan the company raised in March 2014 for the acquisition and installation of the Armada Kraken floating production storage and offloading vessel (FPSO).
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Underwriters for China Culiangwang Beverages Holdings’ HK$794m.90m ($102.5m) rights issue have had to step in to find investors for the offering, after the deal ended up being under-subscribed by 6%.
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Amid turmoil in global stock markets, two Japanese companies issued convertible bonds outside Japan on Tuesday. Both achieved successful sales in the middle of their price ranges — though the deals differed markedly in other ways.
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Moody’s upgraded Europcar's corporate family rating from B3 to B1 on Tuesday, rewarding the car rental group for the improvement in its debt metrics since it raised €475m in its Paris IPO.
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Fears that the Chinese stock market bubble has burst brought a new wave of worry to credit derivatives trading on Tuesday, with Greece concerns taking a backseat for the first time in weeks.
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A public sector borrower eked out €500m of tightly priced euro supply on Tuesday, as activity in the currency was subdued while market participants digested the latest news on Greece’s bail-out negotiations.
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Germany’s KfW is to become the first borrower to sell a fixed rate dollar benchmark since negotiations between Greece and its creditors broke down at the end of June.
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Standard & Poor’s on Monday assigned a rating of BBB- to the newly constituted Kraft Heinz Company, the corporation created by the merger of American food groups Heinz and Kraft.
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Both the primary and secondary markets for European corporate debt struggled in the second quarter of 2015, but the primary market was the harder hit of the two, according to data released by Trax on Thursday.
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Bank Nederlandse Gemeenten has added to a long dated Kangaroo bond, as investors hunting for liquidity pushed through what is one of a handful of deals in the format in the past month.