Bank of America

Perella Weinberg Partners said on Monday that Alex Wilmot-Sitwell, former president of Bank of America Merrill Lynch in EMEA, and one of the UK’s most senior corporate financiers, will join as a partner in its advisory business. He will be joined by Matthew Smith, Barclays’ head of UK corporate finance.

Italian scooter maker Piaggio announced a high yield bond roadshow on Tuesday, the seventh issuer to do so in five days as volumes continue to rebound after a difficult February.

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.