PizzaExpress pays the bill

PizzaExpress pays the bill

PizzaExpress raises $1 billion to fund its LBO despite weakening markets and its new owner Hony talks to FinanceAsia about expansion plans.
ICBC’s plans to issue Rmb80 billion ($12.9 billion) worth of preferred shares should prepare the bank for expansion. Earliest issuance seen is fourth quarter.
Annisa Lee replaces Pradeep Mohinani to head the bank’s flow credit desk for Asia ex-Japan.
Asia bond markets saw a whopping $6 billion in issuance overnight from the likes of Tata Steel, Greenko and China Exim Bank as investors look to put money to work.
Tata Steel raises jumbo dual-tranche bond, while Greenko and Global Cloud Xchange prices structurally appealing high-yield notes.
Indonesian group hopes to become Southeast Asia's largest energy company on the Singapore Stock Exchange.

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