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Indian software services provider Coforge, previously known as NIIT Technologies, is seeking a loan to fund a dividend recapitalisation, joining a growing list of companies raising debt to pay a special dividend to shareholders. -
ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.
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Chinese online human resources service provider 51job has raised a $1.825bn term loan from two banks to support its take-private.
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The recent round of M&A and leveraged buyout financing provided by Chinese banks shows their growing ambition in the more complicated and riskier part of Asia’s loan market.
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A consortium led by Billion Development and Project Management, a Hong Kong-based property developer, is in talks with banks for a bridge loan to support its acquisition and reconstruction of an exhibition centre in the city.
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HSBC Asset Management has hired an emerging markets debt portfolio manager from APG Asset Management.
