Americas

The governor of the Bank of England, Mark Carney, has warned his international colleagues that while “crypto-assets do not pose risks to financial stability” now, this could change should the asset class become more “interconnected” with the regulated financial system.

China’s OneSmart International Education Group opened books for its $211.9m IPO of American Depository Shares (ADS) on Monday.

Baidu-backed video streaming platform iQiyi kicked off bookbuilding for its $2.38bn US listing on Monday and was covered quickly.

Brazilian state oil giant Petrobras has launched a tender offer for up to $4bn of debt across six different bonds maturing between 2020 as 2023 as it continues to tidy up its liabilities.

Moody’s has warned that InRetail Shopping Malls’ plans to raise new debt — in part to fund an acquisition by a separate subsidiary of its parent company — were a 'distinct credit negative', as the Peruvian company plots investor meetings this week.

Barclays has hired a senior credit trader from Citi as another high profile addition to its US credit business.

US exchange operator Chicago Mercantile Exchange is considering acquiring post-trade and markets operator Nex Group, the latter firm confirmed in a circular to investors on Thursday night.

Regulators prepare for the introduction of Chinese depository receipts (CDRs), the US Federal Reserve scolds Industrial and Commercial Bank of China for failing to comply with anti-money laundering rules, and China holds less US Treasury bonds in January.

The largest dairy company in Argentina is looking at calling its existing 2021s in July after filing a new debt shelf, according to market sources in Buenos Aires.

Latin American borrowers appeared willing to brave weaker markets this week as three issuers announced deals — though only two had been priced by Thursday’s close.

Brazilian mining giant Vale is set to continue its rapid deleveraging process with a tender offer for up to $1.75bn of two bonds maturing in 2021 and 2022 and the redemption of all of its 2020s.

Senior executives of the International Finance Corp and Amundi will gather in Paris on Friday afternoon for the official signing of Amundi Planet — Emerging Green One: the innovative fund the organisations set up to invest in green bonds issued by emerging market banks. The fund is already closed and listed on the Luxembourg Stock Exchange.