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  • China Huiyuan Juice Group aims to bump up its latest borrowing to €280m after raising a larger than expected €160m last month.
  • Want Want China Finance is pursuing a new dollar bond offering, mandating banks for the deal this week.
  • The friendly meeting between US president Donald Trump and his Chinese counterpart Xi Jinping last week has ushered in warmer relations, with Trump stating on April 12 that the US Treasury will not label China a currency manipulator. Meanwhile, the two sides are working on a framework for greater market access to be delivered in just over three months.
  • HSBC has lost its head of Singapore dollar bond origination, according to sources.
  • Recently announced plans by consumer credit reporting agencies Equifax, Experian and TransUnion to remove tax lien and civil judgement data from their credit reports have generated huge buzz in the market, but ABS investors are undecided on how the move will impact the credit quality of future deals.
  • Investment bankers serving Europe’s financial institutions are already confident 2017 is going to prove a more fruitful year than 2016, when the fees paid by the sector fell to a 14 year low, writes Jon Hay.
  • No Latin American borrowers tapped international bond markets this week as most of the region takes an extended break for Easter, but Argentina is once again providing most of the excitement.
  • Spanish plasma drug group Grifols wrapped up an all-debt refinancing programme on Wednesday as high yield spreads continued to tighten. But market participants warned that terms can hardly become even more issuer-friendly.
  • A surge in demand for Russian rouble paper could have been brought to a premature end by a US missile attack on Syria on April 7, but market participants are confident that issuance will continue.
  • Bond investors were sanguine on Central American sovereign El Salvador’s international bonds even as they took a battering in secondary markets this week in the wake of a default on domestic debt.
  • SSA
    The French presidential election saga has taken another twist, with far-right candidate Marine Le Pen’s chances slipping — but those of Jean-Luc Mélenchon, from the other extreme of the political spectrum, rising. Asian investors are pulling back from deals until the election hurdle is cleared, say issuers — but the rise of Mélenchon may also provide an earlier than expected relief rally.
  • SRI
    The African Development Bank could join the Asian Development Bank in printing green bonds in the Uridashi market, while the World Bank is looking at SRI opportunities in Singapore.