News content
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Russian Standard Bank’s recent $40m buyback across three of its outstanding Eurobonds fell short of the $150m targeted, suggesting investors may have wanted to hold onto the bonds.
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Taiwan’s TPK Holding is tapping the equity capital markets to raise $286.4m from a combination of placement and a convertible bond, with the latter issuance marking Asia ex-Japan’s very first $100m-plus equity-linked product for the year.
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Syndication for a $200m five year loan for Tata Communications has finished. The loan, which was first supplied by Axis Bank, has drawn more six lenders.
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China’s Everbright Securities is considering listing on the Hong Kong Stock Exchange, as the brokerage looks to take advantage of the strong stock rally experienced by its peers.
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The Shanghai-Hong Kong Stock Connect notched up record trading in its southbound channel on March 30, as H-shares continue to change hands at deep discounts to their mainland counterparts.
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Hong Kong-listed China Traditional Chinese Medicine Co has raised HK$4bn ($516m) after selling shares via a private placement to 25 investors.
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Hong Kong has picked banks for the follow up to its record setting debut sukuk.
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The Securities and Exchange Board of India (Sebi) has published a discussion paper on relaxing the rules governing IPOs of start-ups and small and medium enterprises (SMEs), as the regulator works on improving the appeal of listing on the domestic stock exchange.
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Hong Kong Telecommunications (HKT) wrapped up a stylish return to the dollar bond market on March 30, helped by a large order from a single investor. The high overall demand for a rare Asian telco allowed the new trade to come inside the borrower’s existing dollar curve.
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Brokerage firm Cantor Fitzgerald has appointed three managing directors to its emerging markets DCM sales and trading team, nearly three years after they hired the team’s co-heads to start the business.
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Credit Suisse and Banco Espirito Santo could price a rare structured bond in Peru as soon as Tuesday, despite a quiet secondary market in Latin America bonds ahead of the long Easter weekend.
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China Medical System Holdings has raised HK$1.72bn ($222m) from a top-up placement of shares on Monday, March 30, with the stock being offered at a hefty discount of 8.06% to the company’s last close.