Americas

The Province of Ontario is readying for a tap its 2025 Canadian dollar denominated green bond for the second time this year.

The Fédération des caisses Desjardins du Québec (FCDQ) on Monday mandated leads for a euro covered bond, its second appearance in euros since January and its third overall in covered bonds.

A team of investors have moved from NN Investment Partners to William Blair Investment Management, after NNIP changed its responsible investing strategy for emerging market debt.

In this round-up, top negotiators from China and the US held a phone call on Saturday, the China Securities Regulatory Commission (CSRC) accused CEFC Shanghai Securities Co of illegal activity and the Hong Kong police stormed the city’s Polytechnic University after a tense weekend.

CDP Holdings, a human capital management firm, is planning to list American Depository Shares on the New York Stock Exchange to raise up to $125m.

South American sovereign Suriname is looking to raise $150m of 18-month debt in bond markets to fund the transfer of a dam that the government believes can significantly improve public finances. But the issuer’s only outstanding international bond is tumbling in secondary markets, say investors.

New York Stock Exchange-listed online gaming company Sea has bagged $1bn from its second tap of the equity-linked market.

In this round-up, US president Donald Trump threatened to raise tariffs on China if the phase one deal is not reached, two Republican senators took action to speed up the passing of the Hong Kong Human Rights and Democracy Act and Chinese president Xi Jinping wrapped up a state visit to Greece.

OneConnect Financial Technology, an arm of Chinese financial conglomerate Ping An Group, has set the ball rolling for an up to $100m US IPO, having previously sought to list in Hong Kong.

Some Brazilian bankers may be dumbfounded that their country and its highly unpopular president is considered a safe haven, but hope that Latin America’s sleeping giant is on the cusp of an upswing is driving demand for the country’s issuers amid social unrest elsewhere in the continent.

Mexican cement company Cemex attracted nearly $4bn of orders on the way to a first dollar deal in three years on Tuesday. Bankers said the company’s active debt management was gaining a strong following.

Just two days after completing the country’s largest ever international bond issue, Costa Rica’s finance ministry said it would seek approval for a further $4.5bn of issuance once the new minister takes office at the end of the month.