Americas

It was a question of unfinished business for Nomura this week, as the Japanese firm came to the dollar market with a rebooted $3.25bn three part dollar trade.

Enel smashed a series of records when it came to the dollar market with a $4bn sustainability-linked bond on Wednesday.

As capital markets bankers gradually start to spend more time back in the office, a nuanced debate is playing out over how much flexibility they can expect to enjoy with regard to remote working when pandemic restrictions are finally lifted.

LinkDoc Technology, a cancer-focused medical data company, has shelved its US IPO just hours before pricing, as Chinese technology stocks recoil from Beijing’s clampdown on overseas listings.

Mexican car parts maker Nemak sold its second sustainability-linked bond in a month on Wednesday, raising €500m in a deal that bankers said marked the company’s migration from high yield to investment grade covenants — though it has just one IG rating.

MC Brazil Downstream, a vehicle through which UAE sovereign investment fund Mubadala is acquiring a major refinery from Brazil oil giant Petrobras, is planning to sell $1.8bn of 10 year senior secured notes, according to rating agency reports.

Brazilian meatpacking company Minerva returned to debt markets on Tuesday with a $400m tap of a 10 year bond first issued amid turbulent markets in March. The tap was more easily digested, coming at a calmer moment.

On Tuesday, Mexico sold its second international bond explicitly aligned to the United Nations’ Sustainable Development Goals, printing the 15 year note at the same spread over mid-swaps at which it had sold a seven year SDG bond in September.

China's latest crackdown of three of its technology companies has a clear message for firms looking to list in the US — and investors wanting to buy their shares.

Rothschild & Co has hired Timothy Lufkin as a managing director covering financial sponsors within its global advisory business in New York. Lufkin previously worked at Truist and its predecessor, BB&T Capital Markets.

Sergio Díaz-Granados, executive director for Colombia at the Inter-American Development Bank (IADB), will become the new executive president of Latin American multilateral lender CAF in September after obtaining more votes than Argentine candidate Christian Asinelli.

Mexican car parts maker Nemak began meetings with European investors on Monday as it looks to become the first Latin America borrower to sell sustainability-linked bonds in more than one currency.