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Fuyao Glass Industry Group Co priced Hong Kong’s biggest IPO so far this year at the top of its price range to raise HK$7.39bn ($951.67m). Buoyed by its discounted valuation, retail and institutional investors gobbled up shares in the glassmaker.
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Quanta Computer subsidiary Quanta International has hit the market for a $750m dual tranche loan after firming up a mandated lead arranger and bookrunner group comprising 18 banks.
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Chinese lender Shengjing Bank is planning to issue its first ever international bond in offshore Renminbi, the company revealed on March 25.
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Swedbank became the seventh issuer to price a sterling three year covered bond FRN this year, launching a £500m deal on Wednesday.
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Three borrowers in Germany, Spain and Finland issued a collective €2bn of covered bonds this week with two choosing the long end only to find a bad case of investor indigestion.
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Standard Chartered started taking orders from investors for its first ever additional tier one (AT1) bond on Thursday, having gauged investor sentiment in Asia, Europe and US earlier in the week.
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Indonesian airline Garuda has signed a one year $100m bridge loan musharaka facility with Bank Internasional Indonesia (BII), and is planning a benchmark dollar sukuk.
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Deutsche Bank was awarded the biggest ever single quota for the Renminbi Qualified Foreign Institutional Investors (RQFII) scheme on March 26, its Rmb6bn ($966m) taking the total allocated size of the programme to Rmb330bn at 111 firms.
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Colombia telecoms firm ColTel gave investors juice aplenty on its hybrid perpetual bond on Wednesday. Even bankers off the deal said it boded well for a depressed LatAm corporate bond market.
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Predicting levels of equity-linked bond issuance must be one of the hardest jobs in the capital markets. The market follows its own rhythm and reasons, which even veterans struggle to forecast.
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The spate of very large and strategic block trades has continued this week, with sales of stock in Accor, Dassault Aviation, the London Stock Exchange and Havas, totalling an expected €5.2bn.
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Hoist Finance, the Swedish firm that buys and manages unsecured non-performing consumer loans, shot up on Wednesday on the start of trading after its successful Skr2.5bn ($295m) Stockholm listing.