News content
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DBS has hired Anuruk Karoonyavanich for the newly created position of regional head of equity syndicate, as the Singaporean bank looks to boost its capital markets presence in Asia.
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Chinese toll road operator Yuexiu Transport Infrastructure is letting Asian investors have the first look of its inaugural euro bond, opening books to a three year offering in the morning of April 29.
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The holding company of Montevideo’s Carrasco International Airport sold a $200m senior secured bond in line with guidance on Tuesday.
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Shareholders of Joy City Property gave the thumbs up to its one-for-two rights issue to raise HK$6.40bn ($825.80m), with the company closing books on an offering that was 105.9% covered.
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Guotai Junan Hong Kong is considering raising the size of its latest fundraising to HK$10.5bn ($1.35bn), more than double its launch size of HK$5bn, after a strong response during general syndication.
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Risks of corporate downgrades and lower CDS volumes have pushed investors into carry strategies favouring single name entities and non-directionality.
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Société Générale is planning to expand its coverage of alternate investment funds with its Orchestra multi-asset post-trade service and prime brokerage, having landed one client this week.
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Aroundtown Property Holdings, an unlisted member of Yakir Gabay’s stable of property investment companies, has issued a €450m pre-IPO convertible, which embodies a strong pledge that the company will float within the next 12 months.
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The Irish state is on course to recover its full investment in Permanent TSB – formerly Irish Life & Permanent – the bank it rescued in 2011, after a highly successful share sale brought in major investors from the US and UK. According to one analysis, the government has already broken even.
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Hispania Activos Inmobiliarios, the Spanish property asset manager, has increased its capital by 50%, using an accelerated bookbuild on Monday night, to fund further property investment.
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Car parks business Infra Foch raised €200m with a tap of its April 2025 bond on Tuesday. The deal got much less interest than the original deal in October, and was priced at a higher spread over mid-swaps.
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Investors could be forgiven for steering clear of English rugby club Wasps’ retail bond, on the basis that investing in sports clubs is a mugs’ game. But this deal is worth a double-take.