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  • Krung Thai Bank has set up two ringgit bond programmes worth a combined MR5bn ($1.3bn) that will it allow sell both senior and subordinated debt in the Malaysian currency.
  • Legend Holdings, the conglomerate that owns Lenovo, has started testing investor demand for its $2bn IPO in Hong Kong, with the high-profile trade attracting a beeline of investors interested to come on board as cornerstones.
  • BNP Paribas began meeting investors on Monday for its long awaited additional tier one debut, which is likely to be the first benchmark euro supply the market has seen since mid-February.
  • Standard Chartered's proprietary RMB Globalisation Index (RGI) fell by 0.8% month-on-month in April, the first drop since October 2012, on the back of slowing cross border RMB payments. However, a pick-up in offshore RMB bond issuance and improving RMB liquidity should turn things around, according to the bank.
  • Chinese broker Haitong Securities is planning to issue its first euro bond by the middle of the month having scheduled a series of investor meetings starting from June 11.
  • Zhongrong International Trust has opened books this week for what will be its first outing to the offshore bond market, while Korea Hydro & Nuclear Power (KHNP) has also started taking bids for a dollar offering.
  • Bankers said that the Mexican finance ministry’s new brainchild for corporate issuers, Euroclearable Cebures (ECCs), were the right instrument to attract foreign investors into peso bonds after CFE’s 10 year tap last Thursday. But persuading international investors to take currency and credit risk remains a challenge.
  • Warburg Pincus-backed AAG Energy Holdings is seeking to raise up to HK$2.82bn ($363m) in its Hong Kong IPO, opening books on June 8 with close to 80% of the trade already in the hands of cornerstone investors.
  • China's currency is growing rapidly as a means of trade settlement, but its struggle for global acceptance has as much to do with market share as with perception, according to academics participating in a public seminar on China's financial future.
  • Louis Dreyfus Commodities Asia has returned to raise a $400m three year revolver. Like its previous facility, the latest one is offering banks a utilisation fee, a common feature of syndications for commodity companies in Europe.
  • Nasdaq-listed China Biologic Products is marketing a sale of 2.5m American Depositary Shares (ADS) comprising a mix of new and existing shares, which could be worth $296.48m at its last close.
  • Chinese regulators are set to announce relaxations on Panda bond issuance in September to ensure that corporate and financial issuers are more able to tap the market, according to Jane Jiang, head of the China regulatory group at law firm Allen & Overy.