Bank of America
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The UK’s vote to leave the European Union on Thursday put paid to at least two bond announcements in Latin America but traders said the reaction in secondary markets was nowhere near as brutal as expected. -
Bank of America Merrill Lynch has hired Luca Ferrari as head of M&A for EMEA.
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CP Pokphand, part of Thai firm Charoen Pokphand Group, has raised a $600m loan to repay outstanding debt.
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China Development Bank Financial Leasing Co has launched its Hong Kong IPO, covering the HK$7.6bn ($980m) float at the low end of guidance. But it has only managed to do so with mainland cornerstone investors propping up nearly 80% of the deal.
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Emirates NBD has signed a $1.7bn three year loan facility, increasing it from $1.25bn following a strong investor response.
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Ten banks participated on Wednesday in an auction to determine settlement prices for credit default swaps on Norske Skog, the Norwegian publishing paper manufacturer, after it triggered a restructuring credit event in April.
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Despite Italian bank stocks being badly out of favour, Banco Popolare has achieved 99.4% subscription for its €996m rights issue, leaving only a tiny rump to be placed in the coming days. But Veneto Banca's IPO is likely to fail, leaving the bank in the arms of Fondo Atlante.
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ING Bank Turkey has signed a 367 day loan facility with a group of 26 lenders, joining Turk Eximbank and TSKB in issuing loans.
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Chinese brokerage Everbright Securities Co is once again looking to join its many peers on the road to floating in Hong Kong, having refiled its application for a listing.
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Chinese investors are propping up most of China Development Bank Financial Leasing Co’s HK$7.6bn ($979.3m) listing, which launched on Tuesday with nearly 80% of the offer covered by mainland cornerstone investors.
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Bank of America Merrill Lynch has rejigged its debt capital markets team in Asia Pacific, creating a new debt solutions unit.
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China Development Bank Financial Leasing Co has finalised the marketing price range for its listing, which would raise HK$7.6bn ($979.5m) at the top end, and has signed up cornerstone investors to take up nearly 80% of the float, according to a source close to the deal.
