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  • Chinese steel maker Shougang Group Co took advantage of an impressive rally in its outstanding notes to bag a new bond on Monday, with a strong peak order book of $4bn allowing it to slash pricing substantially.
  • In the latest Clawback, columnist Philippe Espinasse puts the Hong Kong Stock Exchange’s (HKEX) recent consultation paper on capital raisings by listed issuers under the microscope.
  • Unis Leasing, a unit of Shenzhen-listed technology company Unisplendour Corp, has approached offshore banks for the first time with a $100m syndicated borrowing.
  • Hang Lung Properties is preparing its first Panda bond, aiming to raise Rmb2bn ($302.7m) from a three year note on the interbank market.
  • Paper and pulp company APP China is testing investors’ appetite for an unrated dollar bond, about 15 years after its Indonesian parent Asia Pulp & Paper Group defaulted on close to $14bn of debt.
  • CK Hutchison Holdings is wooing dollar debt investors for the third time this year, opening books for a triple-tranche deal on Tuesday morning.
  • Chinese state-owned Qinghai Provincial Investment Group Co is returning to the debt market for the third time in 2017, but is opting for a short-term note this time around.
  • Renminbi internationalisation could give China greater influence over global asset prices in the next decade, but only if regulators can manage to internationalise the currency without destabilising its exchange rate, according to KPMG and Global Financial Markets Association (GFMA).
  • Citi is planning to add at least 25 bankers to its Belt and Road coverage team over the next couple of years amid a pick-up in interest from clients.
  • Both of Brazilian oil giant Petrobras’s new bonds issued last Monday will jump to jumbo size after the response to the company’s exchange offer surpassed the expectations of many market participants.
  • Indian animal feed and agribusiness company Godrej Agrovet plans to bring a Rp11.65bn ($178.6m) IPO to the market on October 4, with the deal to feature both new and secondary stock.
  • Global Jet Capital, a private aircraft financier, is looking to issue its first securitization backed by a portfolio of aircraft leases and loans, following an acquisition of corporate aircraft loans from GE Capital in 2015.