Bank of America

Equity-linked banker exits Goldman — BAML hires in DCM syndicate — ANZ loses debt director — SMBC adds to loans team — Ex-UBS banker heads to Citic CLSA

Bank of America Merrill Lynch has added a banker to its debt capital markets division in Hong Kong, hiring her from a Chinese securities house.

Inflammatory rhetoric between the US president and North Korea failed to disturb rates markets on Wednesday. FMS Wertmanagement on Wednesday brought a tightly priced deal that drew heavy central bank demand — although it fell “just a touch” under full subscription.

After bringing the second largest bond transaction of the year in the US on Tuesday, British American Tobacco topped up its borrowing with a €3.6bn-equivalent four tranche dual currency deal on Wednesday.

NRW.Bank racked up another tightly priced deal for the dollar SSA market on Tuesday, as FMS Wertmanagement prepared a trade that bankers expect to attract a similar central bank audience. Issuers are enjoying strong summer dollar conditions, with swap spreads stable and US Treasury spreads attractive for the buy-side.

Barclays has hired Paolo Minerva from Bank of America Merrill Lynch as head of sourcing for its European distressed debt business.

Conditional books are already oversubscribed for the €240m term loan that funds the Ontario Teachers' Pension Plan's acquisition of Mémora, an Iberian funeral services provider.

Investor interest in the second leg of Chilean copper miner Codelco’s tender offer has been strong, with almost $1bn of bonds tendered by the early bird deadline.

US borrowers have ramped up issuance in the euro high yield bond market so far this year, but investors described it as a "bad thing" in a recent credit investor survey by Bank of America Merrill Lynch.

NRW.Bank has announced a three year dollar benchmark, picking banks for what looks to be this week’s only supply, according to one head of SSA syndicate away from the trade.

British American Tobacco is expected to bring the week-long run without any new corporate bond issuance to an end later this week. The UK based tobacco company could issue in dollars, euros and sterling.

Canara Bank priced a $400m five year senior bond on Thursday, marking the second dollar deal from an Indian bank in a week.