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  • The spate of Chinese equity offerings continued this week with deals of all sizes and kinds being sold and marketed, mainly through the Hong Kong market.
  • Explosives group Dyno Nobel priced its IPO on the Australian Stock Exchange yesterday (Thursday) to raise A$1.101bn ($797m) — the biggest equity offering in Australia this year.
  • Hongkong United Dockyards, a joint venture between Swire Group and Hutchison Whampoa, signed a HK$1bn three year loan on March 31 in Hong Kong.
  • The $75m five year loan for Alok Industries may be increased above the target amount after 10 banks joined in syndication. The total syndicate may also be enlarged by the original mandated arrangers Barclays Capital, Bank of India, State Bank of India as other banks process approvals.
  • Mike Camacho, formerly co-head with Adam Green of North American structured investments marketing in New York, has been promoted to head of the group. Green, now simply managing director in the group, reports to Camacho, who in turn reports to Tony Best, head of Europe, Middle East and Africa investor client management in London. Best is now in charge of third-party distribution for globalized products. Camacho and Green referred questions to a spokesman, and Adam Castellani, spokesman, declined comment. The shake-up is a continuation of the global realignment of key products groups that has been going on since January.
  • Chile’s economy grew 4.9 percent in February from a year earlier, falling 0.2 percent in the month as agricultural production struggled, according to the country’s central bank.
  • Investors greet the Thaksin Shinawatra’s decision to step down as prime minister, sending markets surging
  • Nick Kello, managing director and head of equity derivatives sales at BNP Paribas in New York, left the firm Tuesday. Kello could not be reached and his plans could not be determined. Edwina Frawley, spokeswoman, said Kello reported to Todd Steinberg, head of equities and derivatives sales for the Americas and has not yet been replaced.
  • Todd Steinberg has been promoted from deputy head to head of equity and derivatives for the Americas at BNP Paribas in New York. He replaces Amine Belhadj, who has moved to London as global head of commodity derivatives. Belhadj, in turn, replaces John-Marc Bonnefous, who has become global head of marketing and business development for commodity derivatives--a newly-created position. The trio could not immediately be reached, but Edwina Frawley, spokeswoman for BNP, confirmed the changes.
  • Two credit derivative officials at Citigroup in New York have left the firm; Saul Kattan, managing director, and Greg Miesner, director, both in global structured products. Neither could be reached and Danielle Romero-Apsillos, Citi spokeswoman, declined comment.