Standard Chartered
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Life insurance company FWD Group has sealed its maiden offshore syndicated loan, with a group of five banks. The $250m three year facility was co-ordinated by Standard Chartered.
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Two Formosa debuts from Korea Development Bank (KDB) and Citi have added to the flurry of issues in Taiwan's offshore renminbi bond market, taking volumes this year to Rmb28.2bn ($4.5bn), compared with Rmb20.8bn for the whole of 2014.