UPDATE 1-Market Chatter -- Corporate finance press digest

Thu Mar 11, 2010 1:56am EST

(Adds Dubai World and Macquarie Group)

BANGALORE, March 11 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Japanese Shinsei Bank (8303.T) is preparing to raise about 75 billion yen ($830 million) in a new share issue as merger talks with Aozora Bank (8304.T) appear in danger of collapse, the Financial Times reported. [ID:nTOE62A014]

* Dubai World will present its first concrete proposals to local banks on Thursday on restructuring $22 billion in debt, The National newspaper reported, citing unnamed sources. [ID:nLDE62A017]

* Macquarie Group Ltd (MQG.AX), Australia's largest investment bank, wants to add more bankers in the United States to advise energy, industrial and technology companies, Bloomberg reported, citing an interview with a top company executive. [ID:nN10134202]

* A road and bridge builder based in Ho Chi Minh City could become the first Vietnamese company to issue overseas bonds as it plans to raise $700 million to fund several projects, a state-run newspaper reported. [ID:nHAN80284]

* Wilbur Ross, Goldman Sachs (GS.N) and Dubai's Istithmar may raise stake in Indian low-cost carrier SpiceJet (SPJT.BO) to 40 percent as they are likely to convert their debt holdings in the firm to equity, the Financial Express reported, citing the airline's chief executive. [ID:nSGE62A02R]

(Compiled by Purwa Naveen Raman in Bangalore; Editing by Lincoln Feast and Dan Lalor)

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