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Armenia has mandated the same three banks for a new issue and buyback offer as it used for its debut in 2013.
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Property company Greenland Hong Kong, which began sounding out lenders for a fundraising back in January, is seeking a $330m three year bullet with Deutsche Bank in the lead.
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South Korea’s NS Shopping has priced its IPO at the top of the range to raise W206.4bn ($185m), following two days of institutional bookbuilding and with retail orders yet to begin.
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Hutchison Port, Central American Bank for Economic Integration and ICBCIL opened books for their respective bonds on Thursday, March 12, in what is looking to be a busy end of the week for the Asian debt capital markets.
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The derivatives markets have undergone the biggest regulatory overhaul in history since the global financial crisis. But buysiders are failing to see any benefits to their trading operations apart from increased costs, according to speakers at the 40th Annual Futures Industry Association Boca Conference in Boca Raton, Florida.
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Logistics and supply chain company CWT has raised S$100m ($72.4m) from a five year offering. The issuer comes at a time when Singapore dollar issuance is starting to pick after the Chinese New Year break.
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Panama sold $1.25bn of 10 year notes on Wednesday at a tighter new issue premium than other recent sovereign issues from Latin America had managed as LatAm markets enjoyed a better day after a torrid start to the week.
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Malaysia’s state owned oil and gas company Petroliam Nasional (Petronas) broke records this week when it priced the largest G3 bond from a southeast Asian corporate. Choosing aggressive pricing over a bigger size, the issuer opted to settle for raising $5bn with the four tranche deal, lower than the expected size of $6bn-$7bn, writes Narae Kim.
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Bahrain Association of Banks (BAB), an advisory body that represents the interests of the banking community in Bahrain, has hired Waheed Al Qassim as its new chief executive.
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Threadneedle Investments, a UK-based asset investment manager, has acquired a 2% stake in Shariah compliant Gatehouse Bank.
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Emirates the airline has made public its mandate for the first sukuk guaranteed by the UK’s Export Credit Guarantee Department.
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CIMB Group, Malaysia’s second largest financial services provider, has announced three new appointments as part of a shake-up of the group’s senior management, according to a statement on Bursa Malaysia.