News content
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GF Securities powered its HK$27.9bn ($3.60bn) IPO to a triumphant finish after investors swarmed into the trade, allowing it to price shares at the top of the range.
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Turkish state-owned agricultural bank Ziraat Bankasi will complete a loan of over $1bn today (Tuesday), with final commitments coming in this afternoon.
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Uralkali’s loan is taking longer than expected, but still looks set to be the first deal for a Russian borrower this year, say bankers.
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National Bank of Kuwait is marketing its first Basel III compliant additional tier one security at high 5% area. This is BNK’s first appearance in the international market since 2002.
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Supply of callable zero coupon notes has jumped in March and while banks have been on the receiving end of investor interest, a change in investors’ yield targets may be the cause.
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Tata Motors will open books on its nine-for-109 rights issue next month signing up a whopping nine banks to lead the deal. If the issue raises the targeted Rp75bn ($1.2bn) it will rank as India’s second largest ever rights issue.
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Ageas Hybrid Financing, a unit of Belgian holding company Ageas, which owns insurer AG Insurance, wrapped up a tender of a €500m 5.125% perpetual bond on Monday.
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QNB Finance has sold a rare series of medium term notes in renminbi, capitalising on a favourable dollar basis swap with the Chinese currency.
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The Central American Bank for Economic Integration (Cabei) has sold its inaugural bond in Peruvian nuevo sol.
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Korea Hydro & Nuclear Power (KHNP) is gauging investor interest for a potential dollar offering having scheduled a series of meetings starting on April 7.
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Ascendas Hospitality Trust has raised S$75m ($54m) from its debut bond offering.
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Transportation infrastructure firm China Communications Construction Co (CCCC), which has a market capitalisation of HK$323.38bn ($41.71bn), plans to spin off and list its dredging arm following an internal restructuring.