Standard Chartered
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The deal flow of high yield bonds kept rising in euros and sterling this week. Four new issuers joined the already heavy pipeline, including a euro bond from UK premium car manufacturer Jaguar Land Rover.
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DP World hit screens on Monday to announce a tender offer of a 2019 Sukuk note and the sale of a new 10 year dollar benchmark.
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The National Bank of Oman has launched a tender offer to buy back half of a 2019 dollar benchmark as well as announcing a roadshow for a new five year deal.
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Nomura hires two in HK — Credit Suisse names north Asia syndicate head — StanChart appoints global commercial banking chief
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Two Chinese companies, Grand Baoxin Auto Group and Xinyi Glass, are tapping the offshore loan market for new financings.
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China International Capital Corp (Hong Kong) has priced a $400m three year floating rate note in line with market expectations, paying just a single-digit new issue premium.
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China General Nuclear Power Corporation sold its second green bond in the euro market on Tuesday, nine months after its first success in the format. Last time the company sold green alongside five and 10 year conventional dollar bonds and this time it used a similar combination, replacing the 10 year dollar option with 30 year notes.
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First Abu Dhabi Bank (FAB) returned to the offshore renminbi bond market on Monday with its third issuance in the currency this year.
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Arab Petroleum Investments Corporation (Apicorp) is hitting the road for a benchmark sized five year dollar trade, with a deal expected as early as next week.
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Jiten Arora took over as Standard Chartered's global head of commercial banking on August 30, according to a Monday press release.
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Grand Baoxin Auto Group has launched a $200m three year loan into general syndication, shaving 16bp off the top-level pricing from a year ago.
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A top Chinese automaker and Hong Kong listed-Xinyi Glass Holdings are separately sounding out banks for new syndicated financings.