Bank of America
-
A managing director in FIG debt capital markets is no longer in his role at Bank of America Merrill Lynch.
-
New deals marketed this week by US borrowers Owens-Illinois and Federal-Mogul pushed reverse Yankee issuance to 25% of the €22bn of euro high yield issuance so far in 2017. -
BTMU hires from BNP Paribas — HSBC promotes 14 Asia staff to MD — BAML loses Apac FIG duo — Morgan Stanley sees exits
-
Another day, another €1.5bn of high yield bond offerings was what Tuesday’s deals from Aramark, Anglo American and Arrow meant for a European market awash with double-B rated paper. But too much of a good thing is putting off some traditional high yield buyers.
-
Halkbank became the latest Turkish bank to throw its hat into the tier two ring on Wednesday, announcing plans for a three day roadshow in the US and UK.
-
Chinese company Anta Sports Products raised HK$3.79bn ($487.9m) from a top-up share placement on Tuesday, but saw its shares plummet in the aftermarket on the back of poor performance in US markets overnight.
-
Unédic launched a 10 year benchmark on Tuesday. The deal came in the wake of a televised debate between the French presidential candidates that appeared to restore investors’ confidence in French names, according to an SSA syndicate banker at one of the leads.
-
Korea National Oil Corp (KNOC) took advantage of the positive market on Monday to price three $500m tranches of new notes at an attractive price, while still offering investors some cushion on the fixed rate portions.
-
Buoyed by relief following a Dutch election in which Eurosceptic Geert Wilders’ hopes of forming a government were dashed, public sector borrowers are flocking back to capital markets.
-
Oil products storage and distribution firm Puma Energy is back in the loan market for a two-pronged $570m financing, to extend as well as replace some of its existing debt.
-
Korea National Oil Corp (KNOC) is selling a combination of floating and fixed rate bonds, with price thoughts for a five and a 10 year released at the same level. On the high yield side, China’s Shandong Yuhuang Chemical Co is marketing its debut three year notes.
-
Pre-marketing for Asian IPOs picked up in earnest on Monday, with Guotai Junan Securities Co’s $2bn listing in Hong Kong among those vying for investor attention.
