News content
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Daimler capitalised on the recent sell-off in interest rates to launch on Monday its first Norwegian krone bond for over a year.
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Obrascón Huarte Lain, the Spanish construction company and high yield borrower, faces a political review of its €500m Canalejas project in Madrid, but the high yield market has so far reacted well to the news.
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The Republic of Kazakhstan has hired Citi and JP Morgan, which both led its last bond, to arrange a dollar Reg S/144A bond. Investor meetings for the note start on Wednesday.
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The Kurdistan Regional Government has mandated Goldman Sachs and Deutsche Bank to arrange a bond.
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European banks are well placed to absorb additional capital requirements from the proposed Basel IV framework although those from France might find it more difficult to make the step up, according to a study by Deutsche Bank.
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Greek bank bond prices rose on Monday morning after positive signals from Greece over the weekend but bankers warn that this mini show of confidence is entirely speculative.
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Russia’s Industrial Metallurgical Holding (KOKS Group) has extended a consent solicitation offer linked to potential new public bond deal.
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Healthcare-based Universal Medical Financial & Technical Advisory Services Co and Harmonicare Medical Holdings made their presence felt in Hong Kong on Monday as they launched IPOs worth a combined HK$6.06bn ($781.71m).
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After months of unsuccessful debt negotiations Ukrainian steelmaker Metinvest has had enough of a troublesome Eurobond holdout group, and said it will go to court to in an attempt to push through a planned reprofiling.
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Bonds of Brazilian construction giant Odebrecht Engenharia e Construcão plummeted on Friday after the arrest of the company’s head and other executives.
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The Government of Mongolia, which was roadshowing its debut renminbi bond in Singapore on Monday before moving to Hong Kong on Tuesday, is looking at a possible issue size of up to Rmb2bn ($322m) with a tenor of three or 3.5 years, sources have told GlobalRMB.
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Wenzhou Kangning Hospital Co is planning a Hong Kong IPO worth $150m in the third or fourth quarter of this year, and has filed a preliminary prospectus to start the listing process.