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Permanent TSB (PTSB) braved the market on Monday to print the FIG market's first euro senior bond for almost a week. Though larger trades came later on, none were bolder this week than the deal for the B/B+ rated Irish bank.
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Technicolor, the media technology company, has launched a $1.097bn loan repricing, seeking to cut margins on the facility's dollar and euro tranches.
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Abu Dhabi National Energy Co (Taqa) is in talks with banks about a jumbo loan refinancing and has appointed coordinators for the deal, say market sources.
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Deutsche Wohnen, the German residential property company, will refinance €1.5bn of loans with bilateral loans instead of a syndicated deal because the company feels it packs a greater punch in negotiations with one bank at a time.
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The Democratic Socialist Republic of Sri Lanka has mandated four banks to prepare its first outing to the dollar bond market in more than a year.
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Illinois Tool Works, the US machinery and components maker, issued its third euro bond on Tuesday, taking what bankers away from the deal judged a “conservative” approach by selling eight and 15 year tranches.
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Adecco, the Swiss recruitment and employment agency, highlighted strong demand for corporate bonds in the eight year part of the euro curve on Monday.
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McDonald’s Corp fell victim to a lack of demand for long dated euro bonds on Monday. It was forced to pull the 20 year component of what had been planned as a four tranche deal.
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The offshore renminbi (CNH) bond market this week welcomed its first deals in almost a month, including a mammoth sale by the Chinese government. Bankers are now expecting momentum in the sector to finally pick up as conditions become more favourable for issuers, writes Narae Kim.
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ING Turkey has closed its $592m-equivalent one year loan refinancing, a day after Turk Ekonomi Bankasi launched its offering.
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GlobalCapital presents its annual Emerging Market Bond Awards 2015. These Awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, funding officials, investment banks, bankers and rating agencies in the emerging markets between May 2014 and April 2015. GlobalCapital congratulates all the winners and nominees.
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The Republic of Indonesia is continuing its trend of issuing a dollar sukuk once a year with a new 10 year offering on May 21.