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  • ABS
    Solar lending platform Mosaic is preparing to launch its second asset-backed securitization just four months after sealing its inaugural ABS offering writes Fotios Tsarouhis.
  • Invitations are out for a $235m triple tranche loan for private equity firm Partners Group’s acquisition of business process outsourcing company SPi Global.
  • The European Central Bank switches €500m-equivalent of dollar for renminbi in its FX reserves, the International Monetary Fund adjusts China’s GDP growth forecast while recommending a more transparent monetary policy, and Singapore does a policy U-turn to support One Belt One Road (OBOR).
  • Hainan Airlines Holding Co and Greenland Holding Group Co printed bonds with tenors of less than one year on Thursday, finding sufficient demand for their deals. But they were forced to pay a premium, given recent talks around China further regulating offshore funding.
  • Lenders that worked on a HK$4.851bn ($622m) leveraged buyout loan to support MBK Partners and TPG Capital’s acquisition of telecom firm Wharf T&T have thrown their weight behind the same sponsors for a potential bid for Hutchison Global Communications, said bankers.
  • Hilong Holding debuted in the bond market on Thursday with a $250m three year bullet, managing to somewhat defy concerns around its concentration in the volatile oil industry.
  • The concept of Bond Connect has rapidly transformed from market chatter into concrete policy proposals over the past few weeks. But as the anticipated launch date of July 1 draws closer, market participants remain concerned about potential risks, ranging from capital repatriation to the flexibility to switch between access programmes.
  • Lotte Chemical Titan Holding opened books on Friday for its MR5.9bn ($1.4bn) Malaysia listing, which is being pitched at a big discount to regional rivals.
  • Eris Lifesciences has signed up 37 investors as anchors for its Rp17.4bn ($269.5m) IPO in India, setting the stage for its listing with a strong launch message.
  • South Korea’s Jeil Holdings Co has priced its W421.9bn ($372.6m) IPO at the low end of expectations, according to a stock exchange filing.
  • Bestway Global Holding and China Isotope & Radiation Corp are gunning for listings on the Hong Kong Stock Exchange.
  • Find out how far European sovereigns have progressed with their funding plans as we approach the end of the first half of 2017.