Americas
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The Province of Jujuy hit the road this week ahead of a potential inaugural international bond sale, but it is not clear how many of the growing list of likely Argentine issuers will come to market in the September rush.
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The European high yield bond market returned from its summer break to €3bn of new bond offerings this week, including notes from Delaware’s Kronos International and California’s Equinix.
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Sean Weissenberger has moved to Citi to run EMEA chemicals investment banking.
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The European high yield bond market has suffered two years of falling primary issuance but a busy September will provide the impetus for a return to growth. However, there are also concerns about weakening investor protection.
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Capital markets divisions had the best revenue performance across investment banks in the first half of the year, according to analyst firm Coalition.
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Chinese logistics firm Best hit the road on Thursday to start drumming up demand for its $931.5m IPO of American depositary shares (ADS).
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Trump’s first Democrat pick for commissioner at the Commodity Futures Trading Commission (CFTC), Rostin Behnam, was sworn in on Wednesday. He joins Brian Quintenz, who participated in the ceremony three weeks ago.
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Stanley Fischer has resigned as second in command at the US Federal Reserve, leaving four of the seven seats on the Fed governors' board vacant.
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Chilean oil and gas company GeoPark will look to sell new 144A/Reg S bonds to fund the buy-back of all its $300m 7.5% notes due in 2020.
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Just three months after its first ever nominal global peso bond, Uruguay plans to return to debt markets on Thursday for a new peso-denominated note due March 2028.
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Oleg Melentyev has joined Bank of America Merrill Lynch as head of leveraged finance strategy in New York, after four years in the same position at Deutsche Bank.
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Intercontinental Exchange (ICE) on Wednesday announced a spate of changes to its senior management, all due to be enacted in October, including the replacement of veteran president of ICE Futures Europe David Peniket with Stuart Williams.