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Chilean electricity firm AES Gener has added its name to the Latin American pipeline, picking banks for a dollar bond and raising hopes of summer supply.
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Turkey’s firms top the list of EMEA corporates most at risk from rising US interest rates and a stronger dollar, said Fitch. Although the countries with better hedged corporates are suffering from other problems, and not necessarily in a position to benefit.
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A long-awaited proposal to list Korea’s stock exchange is coming to a fruition, with the Financial Services Commission, the country’s top financial regulator, unveiling a roadmap for the IPO this week.
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India’s state-owned IIFCL Asset Management Company Limited (IAMCL) has partnered with the US Agency for International Development (USAID) to boost investment in India’s renewable energy sector via instruments like green bonds.
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Lai Sun Development has completed a HK$3.6bn ($464m) club loan that saw 14 banks chip into the close to two times covered transaction.
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Singapore has tweaked rules governing real estate investment trusts (Reits), the mainstay of the city-state’s equity capital markets, with the changes prioritising good corporate governance and the interests of unitholders.
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Ping An Real Estate Company has picked three banks to prepare for an offshore renminbi (CNH) market as early as next week.
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Deutsche Bank is setting the benchmark for what it means to be a regular in the Formosa bond market, making its fourth visit this year.
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Alok Industries has finally signed its $475m export performance bank guarantee-backed (EPBG) loan on June 30 with a total of eight banks committing to the transaction.
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Something Big Technology Holdings is planning to list on the Hong Kong Stock Exchange, with the float being brought to the market by sole sponsor KGI Capital Asia.
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Fitch positively surprised markets this week when affirmed Malaysia’s credit rating and revised its outlook to stable, having previously said it was more than 50% likely to downgrade the country. Although the new has allowed for a moment of optimism, there are still plenty of concerns about Malaysia’s economy.
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Korea Expressway Corp is eyes the international bond market in the second half of the year, having delayed plans for offshore bonds in the first half due to lower onshore funding costs and an unfavourable swap price.