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  • Industrial and Commercial Bank of China raised $1.2bn on Monday from two floating rate notes (FRNs) issued through its Singapore branch, getting ahead of peer Bank of China which kicked off a jumbo Belt and Road-related transaction.
  • Bank of Jiujiang Co is looking for approval to float in Hong Kong, making it the second Chinese regional commercial bank to file a draft prospectus in the city this year.
  • A group of 23 banks opened syndication for Tata Steel’s $1.86bn dual-currency facility on Monday, but only after the deal went through numerous changes on its way to the market.
  • Asiamoney, in association with National Australia Bank, invites all fixed income investors in Asia and Europe to participate in the Australian Fixed Income Poll 2018. The online poll will take only five to 10 minutes to complete.
  • China Jinmao Holdings is approaching investors in the Panda bond market with a three year Rmb3bn ($475.7m) offer this week, just a month after it sold a renminbi bond in the offshore market.
  • Online game streaming platform Huya is set to launch an up to $200m listing of American Depository Shares (ADS), filing a prospectus with the US stock market regulator on Monday.
  • Online lenders at the LendIt Fintech USA 2018 conference in San Francisco said they are looking at structuring longer-dated fixed income products beyond ABS to attract more interest from insurance companies and other large asset managers.
  • EM syndicate bankers have said that primary market activity in Latin America is set to pick up this week after Panamá printed the first investment grade sovereign deal from the region since January.
  • Online point-of-sale company Affirm is preparing for a possible securitization as the company looks to enter its next stage of growth.
  • PGIM Fixed Income announced on Thursday that its co-head of US CLOs would become the firm’s new head of US bank loan portfolio management, upon the retirement of Joe Lemanowicz later this year.
  • US fund manager Alexandria Capital is preparing to launch a fund that will invest in alternative assets including CLO equity on behalf of its private wealth and family office clients.
  • SoFi chief executive Anthony Noto told delagates at the LendIt Fintech USA 2018 event in San Francisco on Monday that the online lending company will launch a suite of new products this year as it looks to compete with other tech firms that are wading into consumer credit.