Bank of America
-
Korea’s SK Telecom Co (SKT) found exceptional demand for its dollar bond on Monday — the company’s first offshore deal in more than five years — allowing it to price with a single-digit premium. -
A group of 23 banks opened syndication for Tata Steel’s $1.86bn dual-currency facility on Monday, but only after the deal went through numerous changes on its way to the market.
-
General Mills put the investment grade corporate dollar market back on a more positive course this week with a tightly priced trade that paved the way for a rebound in supply.
-
Mannai Corp, a Qatari conglomerate, looks set to bring the first public bond from the country since the Gulf diplomatic crisis erupted last summer.
-
Bank of America Merrill Lynch announced last week that Bob Elfring, co-head of global corporate and investment banking for EMEA, will retire later this year, leaving Jim O’Neil as sole head of the business.
-
A director in Barclays’ SSA origination team has quit the bank to join Bank of America Merrill Lynch at the same level.
-
Consol Holdings, the South African glass packaging company, plans to return to the Johannesburg Stock Exchange after filing an intention to float on Thursday.
-
Three new Russian equity capital markets deals were launched this week, with bankers confident that European equity investors are comfortable enough to buy Russian risk despite diplomatic tensions between the country and the West growing more hostile.
-
The Japan Fair Trade Commission (JFTC) has closed an investigation into market manipulation by Bank of America Merrill Lynch and Deutsche Bank without taking action, because the five year limit on prosecutions has elapsed.
-
Mannai Corporation looks set to bring the first public bond from Qatar since the Gulf diplomatic crisis erupted last summer.
-
US beauty retailer Coty announced pricing at the wide end of guidance for its $2.45bn-equivalent of new leveraged loans on Thursday, while reaching the end of the roadshow for $2bn-equivalent of new high yield bonds.
-
Baidu-backed video streaming platform iQiyi has raised $2.25bn after pricing its Nasdaq IPO at the mid-point of guidance, according to a banker close to the deal.
