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Singaporean upstream oil and gas company KrisEnergy is seeking S$169.5m ($126.2) in a rights issue for capital expenditure to grow production in existing fields and near-term development projects.
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Sunshine 100 China Holdings raised HK$1.28bn ($165.11m) from a top-up placement on June 12 that sold well despite concerns about the liquidity of its shares, after China Everbright Group gobbled up more than half of the deal.
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The flood of Chinese brokerages vying for a Hong Kong IPO appears never-ending, with Guolian Securities jumping on the bandwagon by starting to test investor appetite for its $500m listing on June 15.
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Short-end CNY swaps have been well bid on the unwinding of bets on a cut in banks' reserve requirement ratio (RRR) and IPO-related liquidity concerns. Weekend speculation about an RRR cut from the People's Bank of China (PBoC) proved unfounded on Monday, writes Deirdre Yeung of Total Derivatives.
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Manulife Financial Corp started drumming up interest for its $400m real estate investment trust (Reit) IPO in Singapore on June 15, paving the way for a number of firsts for the city-state — the first sizeable listing this year, the first Reit IPO in 2015, as well as the first Reit with US assets.
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Panamanian electricity generator AES Panama will begin meeting bond investors on Monday ahead of a potential Reg S/144A deal that would be used to finance a tender offer launched on June 4.
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New Zealand dairy company, Fonterra Cooperative Group, opened books to its third dim sum bond on Monday. The deal comes amid a recent revival in offshore renminbi bond issuance but a dearth of international corporates names.
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A handful of eurozone periphery sovereigns announced on Friday details of auctions for next week — but all were suffering from soft trading in secondaries.
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International schools operator Nord Anglia on Friday announced a Sfr235m bond to finance its recent purchase of six schools from Meritas.
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Acibadem, the Turkish healthcare company part-owned by Malaysia’s IHH Healthcare, has completed $503m-equivalent of loans with banks.
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United Biscuits has returned to the leveraged loan market to seek a repricing of £960m-equivalent of debt it raised in December to back its buyout by Yildiz Holding, the Turkish foods group.
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The UK Debt Management Office has announced which banks will run its next planned syndication — which includes a rare name on a UK mandate.