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The European Securities and Markets Authority (ESMA) is centralising trade data submissions from trade repositories and trading venues via European national competent authorities, facilitating data harmonisation, transparency and access.
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Edita, the Egyptian food maker and distributor, today started trading in Cairo, after completing a E£2bn ($263m) initial public offering that values the company at E£6.7bn ($878m).
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Royal Bank of Scotland has sold a Dh3bn ($816m) portfolio of corporate loans in the United Arab Emirates to Commercial Bank of Dubai.
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Rolls-Royce, the UK aero-engine maker, has refinanced a £1.5bn credit facility for the budget price of 21.25bp over Libor, according to Dealogic.
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More US companies are expected to issue in Europe's high yield market in the coming months, bankers say, attracted by the euro's record low interest rates.
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LondonMetric, a UK real estate investment trust, has signed a £400m credit facility with five banks, refinancing five facilities.
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French satellite group Eutelsat has refinanced €800m of loans with a syndicate of nine.
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Far Eastern Shipping Company (Fesco) is looking to buyback $85m of its 2018s and 2020s but is using additional funding, rather than existing cash, to finance the tender offer.
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The Privatisation Commission of Pakistan started roadshows for its divestment from Habib Bank on March 30, in an offering that starts at a base size of 250m shares but with the possibility of selling as much as 609m shares, depending on demand.
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Jiangxi Provincial Expressway Investment Group has sealed a Rmb600m ($98m) one year facility with a group of five banks. The syndication was entirely covered by foreign lenders, whose interest led to an increase in the deal’s size.
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In this pre-Easter round-up: RMB deposits and cross-border RMB trade settlement both take a hit in February, the Shanghai International Energy Exchange is set to allow foreign participants to trade RMB futures, and Bank of China is looking at Austria for new branches and RMB business in Europe.
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Red Star Macalline Group Corp has filed a listing application on Thursday with the Hong Stock Exchange for an IPO that could raise up to $1bn by mid-year.