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MCT Consortium will open books slightly later than expected on Wednesday for its MR594.75m ($160.66m) IPO in Malaysia. The shortened bookbuilding period is not expected deter the listing however, as demand is looking strong thanks to anchor bids from local investors and one regional property developer.
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JP Morgan is underwriting a financing to back China National Chemical Corp’s (ChemChina) acquisition of Italian tyre maker Pirelli, a deal that values the company at €7.1bn ($7.68bn).
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Harmonicare Medical Holdings is looking to raise between $150m-$200m in a Hong Kong IPO, making it the third healthcare-related issuer to seek an IPO there in the past week.
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Export-Import Bank of India (India Exim) is close to finalising the details of a landmark transaction this week with the agency looking to sell India’s first dollar-denominated green bond.
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Inox Wind’s Rp10.40bn ($166m) Indian IPO has seen a stellar response from the market as investor demand takes books to 18 times covered, with pricing now widely expected to come out at the top of the range.
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Clearstream, the international central securities depository of Deutsche Börse Group, is making further progress in its Asia strategy by opening offshore renminbi cash correspondent bank (CCB) accounts with Chinese banks based in Frankfurt, Luxembourg and Singapore.
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Diesel engine component maker Asimco is said to be mulling revising terms for its $120m refinancing loan, to allow banks to get through their credit process more easily.
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Qualitas Healthcare Corp will delay its $150m IPO in Malaysia to make way for a new, unspecified corporate development
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The Bank of China (BoC) proprietary cross-border RMB index (CRI) fell by a sharp 8.2% in January 2015 on the back of first time net RMB inflows and reduced usage of RMB for trade settlement.
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Centurion Corp, which said this January that it was considering setting up a real estate investment trust (Reit) in Singapore, is now deferring the move after consultation with the city-state’s stock exchange.
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Liquidity, duration and high credit quality helped the Peru to an oversubscribed bond deal last week after the sovereign announced the results of a liability management.
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Korea Resources Corporation (KoRes) and Astra Sedaya Finance are gearing up for dollar offerings having mandated banks to run investor meetings.