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Ineos, the Swiss-registered chemical company, has cut pricing on its €1.4bn loan after increasing the facility, a move that investors seem to have taken in their stride.
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British motorway service area operator Moto on Wednesday priced a £175m five year non-call two year second lien bond to yield 6.375%, with which it will redeem a CCC+ rated issue sold in 2011.
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Swaps regulation needs an overhaul in the US to repair the country’s competitiveness as a marketplace, according to Christopher Giancarlo, Commissioner at the Commodity Futures Trading Commission.
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Dutch insurer NN group is set to continue a busy run for senior issuance on Wednesday, mandating banks on Tuesday for its debut senior unsecured print.
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Austrian-South African paper maker Sappi will begin on Wednesday in London the roadshow for its €450m of senior secured notes.
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Dubai property developer Meraas is close to completing a loan to finance retail property around a 210m Ferris wheel, styled on the London Eye, say bankers.
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The Bank of Bahrain and Kuwait has mandated three banks to arrange a Reg S dollar benchmark bond after a five year absence from the market.
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The deadline for the Romania request for proposals to arrange its next bond passed on Monday. The country is looking to tap the euro market.
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Millicom International Cellular has released price guidance for a $500m 10 year non-call five note at 6.25% yield area.
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Shanghai-listed Fuyao Glass started premarketing its $900m IPO in Hong Kong on Tuesday, with bankers touting its size and scale as one of the world’s largest manufacturers of automotive glass.
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Hong Kong-listed Xinyi Solar is looking to raise up to HK$1.175bn ($152m) from an overnight top-up placement of shares that launched to the market on the evening of March 10.
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Sharjah Islamic Bank (SIB) on Tuesday offered sukuk buyers their first chance at fresh senior unsecured financial supply this year.