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  • The fourth accelerated bookbuild in China Cinda Asset Management Co this year was completed even as Greece’s seemingly never-ending debt drama raged on, with Standard Chartered Financial Holding raising HK$1.64bn ($211.29m) from a sell-down on June 24.
  • It has been said that Greece’s influence within the eurozone seems to outweigh its size. After all, its GDP is less than 2% of the total in the currency bloc using 2014’s numbers at current prices.
  • African Export-Import Bank is on course to wrap up its two year loan this week, said bankers, and is likely to go bigger than its original $700m.
  • The Mongolian sovereign has issued its debut dim sum bond — the first from a non-Chinese Asian sovereign — raking in Rmb1bn ($161.1m) from a three year offering. The move saw strong support from the issuer’s Chinese neighbours and ended up becoming the largest high yield issue in the offshore renminbi market so far this year.
  • China’s Ctrip.com International took the equity-linked market by storm on June 18, raising a mammoth $1.1bn via a dual tranche convertible bond, marking the largest issuance in Asia ex-Japan ex-onshore China since 2010.
  • Banco ABC Brasil, a subsidiary of Arab Banking Corp (ABC), is looking to woo Taiwanese banks for a $150m two year fundraising. It held a bank presentation on June 23 in Taipei to meet lenders.
  • When Leak met with Mizuho’s MTN pair Giso van Loon and Alain Sanz-Gadea this week for some merrymaking, Alain was talking suspiciously quietly and sometimes not at all.
  • China Life Insurance Company opened books on June 25 for the country’s first core tier two subordinated notes under the sector’s new regulations. The firm is launching the trade at a time when markets are still digesting news of the absence of a deal with Greece on its debt repayment.
  • The Lao People’s Democratic Republic sovereign has made its fourth foray into the Thai baht bond market, raising Bt12bn ($356m). This time the issuer decided to go the private placement route in order to issue its biggest bond yet and debut in a 10 year tenor.
  • Sky Light Holdings, the accessories maker for the action camera industry, has shot into fame with its HK$676m ($87m) IPO that has priced at the top end of guidance, as retail and institutional investors signed up in droves.
  • Chinese authorities will need to work on onshore and offshore RMB infrastructure and products to push on with their internationalisation agenda for the currency, as well as engage international institutions, thinktank Atlantic Council recommended in a June 22 report called "Renminbi Ascending".
  • Indian mortgage lender Housing Development Finance Corp is wrapping up a $500m club loan with a group of five banks. The borrowing comes close on the heels of a $300m pre-funded four year facility for HDFC that launched into general only in May.