The Indian government may struggle to attract demand for this week’s sale of a $2.5bn stake in iron ore company NMDC after setting a high price for the follow-on public offering, bankers warned on Tuesday. read more »
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09 March 2010
A $421m loan financing the buy-out of Cambodian telco CamGSM and other assets by Royal Group of Cambodia (RGC) is expected to launch into syndication at the end of the week or early next week.
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09 March 2010
Fook Woo Group, a Chinese paper recycling company, is set to launch a Hong Kong initial public offering worth $125m-$150m in the latest sign that confidence is returning to the new listing market.
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09 March 2010
Shinhan Bank’s $700m 2015 bond rallied quickly on its first day of trading on Tuesday despite its aggressive pricing, demonstrating the appeal of Asian new issues in an improving market.
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08 March 2010
Shinhan Bank raised $700m in a well-received bond issue late on Monday, becoming the first Korean issuer to follow Export-Import Bank of Korea’s $1bn deal last week.
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08 March 2010
UK insurer Prudential said on Monday it would accelerate its plans to list in Hong Kong, in a move that will give Asian investors a chance to participate in the rights issue that will fund its acquisition of AIA.
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08 March 2010
Australian lender Members Equity returned to the residential mortgage-backed securities (RMBS) market at the end of last week, raising A$673m ($613m) in a deal that won the support of both the government and private sector investors.
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08 March 2010
Chinese Estates Holdings, the Hong Kong-listed developer, wrapped up its HK$3.6bn ($464m) loan on Monday after a total of 13 banks joined in syndication.
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07 March 2010
Export-Import Bank of Korea will return to the public debt markets to raise around $3bn later in 2010, according to international funding head Hyung Jong Noh. He talks to EuroWeek about Kexim's funding plans for the rest of the year.
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07 March 2010
Far East Global Group, a Chinese construction company specialising in building facades, is set to become the latest company to test appetite for a Hong Kong listing after a string of disappointing new listings this year.
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07 March 2010
Prudential’s acquisition of AIA robs the Asian equity markets of what would have been a landmark IPO. But perhaps that's not such a bad thing.
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07 March 2010
ICTSI and CLP joined the list of Asian companies planning international debt sales last week. Read on for a round-up of deals that are likely to come to market.
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04 March 2010
China Merchants Bank lifted Chinese bank stocks this week as it set what analysts thought an attractive price for its $3.2bn rights issue, but bankers close to a pending $6.1bn deal for Bank of Communications warned the heavy discount would not set a precedent.
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04 March 2010
Export-Import Bank of Korea (Kexim) returned to the dollar bond market with an impressive $1bn deal this week, pricing a tight 5.5 year benchmark without sacrificing the size of the deal in the process.
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04 March 2010
Philippine port operator International Container Terminal Services (ICTSI) is set to make its debut in the international bond market next week in what will be a rare international issue from the Philippines’ private sector.
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04 March 2010
CLP Holdings, the Hong Kong electricity company, is aiming for what one banker called "eye-watering" pricing on a HK$6bn ($773m) five year loan, in a further sign that Asian borrowers are squeezing margins as confidence returns to the loan market.
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04 March 2010
The Asian Development Bank is planning to tap Japan’s retail investor base with a bond issue that will raise money for water projects across the continent.
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04 March 2010
UK insurer Prudential’s shock plans to acquire American International Group’s Asian unit have dented hopes for an initial public offering that bankers hoped would lift spirits in Asia’s dismal new listing markets.
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04 March 2010
Bank of China is waiting for responses from 10 to 15 banks after launching general syndication of a $300m loan for China Vanke.