Bank of America
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Eurotorg, the largest supermarket chain in Belarus, has fixed a price range for its landmark IPO on the London Stock Exchange, which could value the company at almost $1bn.
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Consolis, the French concrete producer owned by Bain Capital, has abandoned its €135m IPO on Euronext Paris, blaming volatile markets.
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Indian electricity utility firm Tata Power has launched a $245m refinancing loan into general syndication after mandating five banks last month.
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Thailand Future Fund took full advantage of a wealth of domestic demand for its IPO, pricing the Bt44.7bn ($1.37bn) transaction at the top of expectations, according to a banker on the deal.
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Shares in Funding Circle, the UK peer-to-peer lending platform, rose more than 5% on Friday morning after the company posted its first quarterly earnings since its £300m IPO on the London Stock Exchange at the start of October.
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Investors were in defensive mode in the dollar market this week as they snapped up short dated trades and floating rate notes, with demand particularly heavy from central banks and official institutions. Bankers are hopeful that benchmark supply will return next week.
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Conagra Brands tucked away a $7bn bond deal just days after market volatility forced it to postpone the trade.
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Bank Nederlandse Gemeenten went ultra long in the euro market on Wednesday to issue its longest outstanding bond.
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Old Mutual has launched a sale of shares in Nedbank Group Ltd, one of South Africa’s largest banks, on behalf of some of its investors who could not receive them as part of the bank’s unbundling from the Old Mutual Group, which was announced last month.
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Secondary spreads in corporate bonds have widened in October, somewhat in line with the sell-off in all global markets. US credit spreads have suffered more than European, but some investors don’t see the move as material, for now.