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  • Indonesian port operator Pelabuhan Indonesia II (Pelindo II) made a splash with its inaugural outing in the international bond market, raising $1.6bn from a tightly priced dual-tranche offering split between 10 and 30 year trades.
  • India’s Syngene International and Nuziveedu Seeds have joined a queue of other companies eyeing an IPO on the Indian stock exchange, filing preliminary prospectuses with the regulator this week.
  • Landing International Development has set its sights on raising HK$6.54bn ($844m) by way of a ten-for-one rights issue, as the Hong Kong-listed company looks to step-up the development of some of its property projects.
  • The Malaysian ECM market is getting ready to welcome its first sizeable IPO of the year, as Malakoff Corp decides to close books early for its MR2.74bn ($754m) listing on the back of torrential demand. The deal now expected to price at the top of guidance.
  • An onshore China loan for Succeed Venture will likely skip syndication in favour of being completed as a bilateral, after a Chinese lender offered the borrower a chunky commitment, according to sources.
  • Korea Resources Corp (KoRes) successfully returned to the dollar bond market on April 23 with its safe haven status drawing solid demand. But the state owned enterprise shied away from increasing the size of the deal due to the government pressure to reduce debt.
  • Shanghai Haohai Biological Technology’s HK$2.36bn ($304m) IPO received a rousing reception allowing bookbuilding to wrap up sooner than planned as booming demand led to the shares pricing at the top of the range.
  • Chinese property developer Jingrui Holdings priced a $150m bond on April 23 having spotted an opportunity following the market’s indifference towards Kaisa’s default. But investor demand was far from enthusiastic even though the issuer was willing to pay a healthy new issue concession.
  • Landsea Green Properties has finally started receiving bids for a three year dollar-denominated bond on April 24, close to three weeks behind schedule.
  • Investors said YPF had offered an attractive concession to sell $1.5bn of new 10 year notes on Thursday afternoon but the bigger picture shows that Argentine government credits were able to raise over $3bn for the dollar-starved nation this week.
  • Chilean power generation company Empresa Eléctrica Guacolda sold $500m of 10 year bonds on Thursday after significant price tightening as Latin American investment grade companies busied themselves in strong markets.
  • Bond bankers covering Brazil said that timing was right for the sovereign to issue and reopen the country’s debt markets after Petrobras averted the immediate threat of a covenant breach by releasing audited results for 2014 on Wednesday night, writes Oliver West.