News content
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The Chinese Ministry of Finance (MoF) is set to sell six tranches in its Rmb14bn ($2.3bn) auction of dim sum in Hong Kong on May 20, with the 30 year tenor putting in an appearance for only the second time in the history of such auctions.
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Reliance Jio Infocomm, which wrapped up a $1.5bn dual tranche loan in November, has signed a $750m 12 year facility backed by Korea Trade Insurance Corporation (K-sure).
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China Minsheng Banking Corp (CMBC) Hong Kong and Agricultural Bank of China (ABC) New York have opened books to debut dollar notes on May 14, a week after China Merchants Bank (CMB)’s New York made a debut on the back of strong demand.
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Huawei Technologies has launched its $1.2bn five year fundraising into general syndication, after firming up 12 mandated lead arrangers and bookrunners.
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Following its well-received sukuk debut last year, the Government of the Hong Kong Special Administrative Region of the People’s Republic of China is back in the Islamic finance market with a series of investor meetings starting on May 18.
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Labco cancelled its IPO on Wednesday morning, the day the shares were meant to start trading in Paris, in what was the second pulled offering this week.
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Swiss Prime Site, Switzerland's largest listed commercial property company, this week launched a Sfr424m ($456m) rights issue to support its growth plans.
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The 3M Co continued this year's strong run of US corporate bond issues in euros on Wednesday, using three tranches to raise its largest ever deal in the currency.
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Acromas Bid Co sold a £239m stake in UK insurance provider Saga on Tuesday evening, giving investors a rare chance to buy a chunk of shares in the company.
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A pair of SSAs printed dollar benchmarks at the short end on Wednesday — a choice likely to be followed by another issuers in the currency next week.
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Volatile markets all this week did not deter German car parts maker Mahle from issuing a bond on Wednesday, and it drew plenty of interest for a new seven year print.
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A eurozone wide bond sell-off over the past two weeks took its toll on Italy on Wednesday, as it auctioned bonds at yields last seen several months ago.