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  • Autopistas del Sol, the concessionaire of Costa Rican highway Globalvia Ruta 27, sold $300m of 13.6 year amortising bonds on Wednesday as LatAm new issue markets continue to function despite political turmoil in Brazil.
  • Korea East West Power Co (EWP) is pursuing a new dollar deal, marking its return to the debt market after nearly three years.
  • Nomura’s chairman of investment banking for Asia ex-Japan Yang Zhizhong has left the firm after nearly nine years, according to a source familiar with the matter.
  • Credit Guarantee & Investment Facility (CGIF) and infrastructure consulting firm Surbana Jurong are joining up to boost the use of local currency bonds in funding greenfield infrastructure projects in southeast Asia.
  • The renminbi fell behind the Swiss franc in terms of share of global payments in April, according to SWIFT’s RMB tracker. The Chinese currency is now the seventh most used global payment currency, accounting for only 1.6% of all payments.
  • New Jersey-based Seacube Container Leasing priced a container lease deal on Wednesday amid growing industry buzz around the once sluggish asset class.
  • Risk retention sponsors are hiring third party firms to help accurately value their horizontal strips of US CLO equity, although the growth of bank financing is also encouraging more managers to adopt the vertical approach to the regulation.
  • Sharon Bowen, one of only two sitting commissioners on the US Commodity Futures Trading Commission, has voted to advance budget proposals made by acting chairman Christopher Giancarlo, but also said the regulator was underfunded and should receive contributions from market participants.
  • IHS Markit on Wednesday unveiled its Outreach360 platform, a tool that allows counterparties to contact each other for regulatory and data gathering purposes as they work to comply with the Markets in Financial Instruments Directive II (MiFID II).
  • Corporate bond issuers have found a warm welcome in what is likely to be the last day for new issuance in Europe this week, before the Ascension Day holiday temporarily shutters supply.
  • The Flemish Community’s second ever outing in the public debt market raised €1.25bn over two tranches, pulling in large books and setting the final spread 4bp inside guidance on one of the legs.
  • Caisse des Dépôts et Consignations looks likely to be the latest public sector borrower to return to the sterling market after a long absence, after it hired banks to hold investor meetings next week.