Nomura
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Misys has tinkered with the $5.35bn-equivalent loan package backing its acquisition of Canadian competitor D+H, with a banker on the deal saying the basis swap between dollars and euros was especially attractive to the issuer.
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School textbook publisher S Chand and Co’s Rp7.3bn ($112.8m) IPO, which was launched in India on Wednesday, had a book that was 1.8 times covered and growing as of Thursday evening.
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China Huarong Asset Management Co sold a $3.4bn-equivalent six-tranche bond in US dollars and Singapore dollars on April 20. The transaction featured many firsts for the issuer, and was part of its efforts to normalise its debt curve.
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S Chand and Co has started bookbuilding for its Rp7.3bn ($112.8m) float in India after anchor investors took up 30% of the deal at the top of the marketing range.
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SBI Life Insurance Co is asking banks to pitch for a role in its India IPO, issuing a request for proposals on Monday.
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National Highways Authority of India is preparing investors for a new Masala transaction, the issuer’s first in the offshore rupee market.
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The Indian government has hired five firms to run the IPO of state-owned insurer New India Assurance Co, according to a banker close to the situation.
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As the perceived European political risk reduced following the results of the first round of French elections, Asian debt markets opened on Monday to a deal from India's HPCL-Mittal Energy (HMEL).
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Taiwanese semiconductor manufacturer GlobalWafers Co has raised $469.2m from a sale of Global Depository Shares, which it plans to to use for repaying loans from its acquisition of SunEdison Semiconductor in 2016.
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Want Want China Finance and China SCE Property sold $500m and $300m of notes respectively on Thursday, as both hit the market before the expected rush investment grade names next week.
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China Huarong Asset Management Co on Thursday concluded a $3.4bn-equivalent six-tranche offering featuring US dollars and Singapore dollars. The transaction broke new ground for the issuer, and the company is one step closer in narrowing the gap between its curve and that of some of its Chinese peers.
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The lawsuits over alleged manipulation of the SSA market have spread further, with more dealers and individuals named in a court filing. Citi, HSBC, RBC and TD Bank have now been added, as well as Bank of America, Crédit Agricole, Credit Suisse, Deutsche Bank and Nomura. The suit also draws in the new issue market, alleging that the traders were able to front-run new issues yet to be announced or in book-building.