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Turkey’s Isbank has come to market to refinance a $1.33bn-equivalent loan, at the same time as Akbank confirmed closing its $1.2bn deal on Monday.
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Emirates NBD printed a €550m seven year bond on Tuesday, a breakthrough for Middle East banks in the euro market. But bankers said they are uncertain whether other issuers will now follow.
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The Bank of Bahrain and Kuwait (BBK) has taken over $800m of orders for its five year Eurobond. The deal is due to price later on Tuesday.
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A weak secondary market was unable to discourage investors from taking part in a rare senior trade for Denmark’s Jyske Bank on Tuesday.
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Unipol Gruppo Finanziario took advantage of low spreads on Monday night to lengthen its debt profile with a tender and exchange of two senior unsecured bonds.
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Paprec Group, a French waste reprocessing company, is set to issue its first high yield offer with a €480m bond that it will use to refinance senior debt invested in eligible recycling projects.
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United Arab Emirate Ras Al Khaimah has set roadshow dates for its second ever international sukuk deal.
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HTSC, which got shareholder approval last year to dual-list its shares in Hong Kong, is hoping to raise $1bn-$1.5bn.
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Australia and New Zealand Bank issued a Basel III tier two bond in Singapore dollars on March 16, raising S$500m ($360m) from a 12 year non-call seven transaction.
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The Privatisation Commission of Pakistan has kicked off the pre-marketing process of a divestment from Habib Bank, in a deal which could add Prp124.1bn ($1.2bn) to the government’s coffers based on the company’s market capitalisation.
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A group of 16 banks have lined up to join a €500m ($579m) seven year loan for Malaysia Airports Holdings, which cut margin on the borrowing following launch of general syndication.
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The flurry of international financial names tapping the Formosa market is showing no signs of letting up. Crédit Agricole and Lloyds Bank are marketing their debut renminbi offerings in Taiwan, two sources close to the deals have told GlobalRMB.