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  • Chinese department store operator Century Ginwa Holdings is looking for a $120m three year amortising loan, with Chang Hwa Bank as sole agent.
  • The leads on Fuyao Glass Industry Group Co’s HK$7.39bn ($951.67m) IPO are guiding investors to the top of its HK$14.80-HK$16.80 marketing range, amid solid demand for its shares and a book that is now multiple times covered.
  • JSW Energy, part of Indian conglomerate JSW Group, is preparing to hit the ECM market with a qualified institutional placement of up to Rp50bn ($802m), as the company looks to shore up capital to put to use for its growth plans.
  • Export-Import Bank of India (India Exim) is looking to issue the first dollar-denominated green bond out of the country, opening books to a five year offering on March 24.
  • IL&FS Transportation Networks has returned to the offshore renminbi (CNH) debt market as ahead of its outstanding dim sum bond redeeming next month.
  • Hyundai Capital Services returned to the offshore debt market, pricing a 5.5 year dollar bond on March 23. The rarity of high quality Korean corporate credits, the name value of Hyundai as well as a recent rating upgrade attracted strong demand, allowing the Korean issuer to achieve both its size and pricing aims
  • Bank of China Aviation (BoC Aviation) was looking to diversify its investor base with its 144A debut, and it achieved just that, with the US taking up half the allocation.
  • Monday was a bank holiday in Colombia but so well has the market reacted to last week’s US Federal Reserve statement that the South American nation ignored a sleepy day in Bogotá to stride into markets and tap its recently issued 2045s.
  • Universal Medical Services & Health Management Company is the latest healthcare-related business to file for an IPO in Hong Kong, in a deal that could raise between $300m-$600m.
  • Axis Bank, India’s third largest private lender, has signed a $300m loan with a club of six lenders.
  • With the first US rate hike in years drawing closer, it’s no surprise to see analysts and public officials singling EM out as the source of the next credit crisis. But a well-meaning warning without nuance can look a lot like scaremongering.
  • Ashmore, a London-based investment firm, has hired Shariah Review Bureau (SRB) to supervise a new offering of Shariah compliant funds in Saudi Arabia.