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Global commodity company Ecom Agroindustrial Corp has returned to the Asian syndicated loans market for a $300m 364 day revolver. The deal is being led by three banks, which opened it into general on February 26. -
Australia and New Zealand Bank has strengthened its loan syndications team in Hong Kong with a new appointment. The Australian lender is heightening its focus on business out of Asia ex-Japan.
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Albaraka Turk has picked banks for a two year syndicated murabaha facility, just days after the Lira hit a new all-time low against the dollar.
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Oman Telecommunications (Omantel) is asking shareholders for permission to issue sukuk, becoming the latest borrower to bolster that country’s growing sukuk pipeline.
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State Bank of India (SBI) is slated to launch a share sale in the week of March 16 that will raise between $2.0bn-$2.5bn, making it the largest ECM transaction to come out of the country since Coal India’s Rp226.13bn ($3.7bn) block deal.
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Costa Rica is working with supranationals on a new law to give it more flexibility to issue in international capital markets, funding official told GlobalCapital.
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Market participants have been trading vanilla options on the Australian dollar against the US dollar on the back of strong US jobs data and continued steady gains in the US currency.
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Pittsburgh-based glass and industrial coatings company PPG issued a €1.2bn dual tranche euro bond today, its first since 2005.
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Equity capital markets bankers across the street were smiling at the end of a memorable week for block trades – even though many of them are long substantial chunks of stock.
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A sovereign that last made an appearance in dollars over a year ago could make an appearance in the currency next week, GlobalCapital understands.
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Intermediate Capital Group, the UK mezzanine and leveraged finance asset manager, launched a 5% eight year sterling retail bond on Thursday.
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UK theme parks group Merlin Entertainments on Wednesday priced its debut bond of €500m notes to yield 2.75%, the smallest printed this year in the European high yield.
