Bank of America
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Chinese sportswear maker 361 Degrees has announced a tender offer to repurchase offshore renminbi-denominated notes issued in 2014. -
More than three quarters of Brazilian industrial conglomerate Cosan’s bondholders agreed to sell their bonds in the early bird phase of a tender offer.
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The €1bn IPO and highly dilutive capital increase of Veneto Banca is thought likely by bankers involved to be bought in its entirety by Fondo Atlante, as happened to the similar €1.5bn deal for Banca Popolare di Vicenza at the beginning of May.
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Cobham, the UK aerospace and marine technology company, has successfully completed its £500m rights issue, which ended with a £22m rump placement this morning.
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State Bank of India has allocated its latest $500m borrowing, finding demand from eight new lenders during syndication.
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China’s Orient Securities Co is planning to launch bookbuilding for its IPO on Monday and could raise about $1bn, according to sources close to the deal.
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Ooredoo executed a swift deal to snap up $500m ahead of the US Federal Reserve's interest rate meeting on Wednesday, printing inside its curve as demand for Middle East credits defied weak markets.
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Hotel Lotte’s IPO could yet go live by the end of 2016 despite being postponed on Monday after prosecutors raided the offices of Lotte Group, according to a statement from the parent.
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The pre-summer rush for IPOs in Hong Kong is well underway with three companies starting investor education this week, even as stocks started Monday with a wobble.
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Hotel Lotte could yet give a boost to South Korea’s equity capital markets by going live with its IPO by the end of 2016, announcing the possibility just days after it postponed its transaction.
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Europe’s investment grade corporate bond market has almost caught up with last year’s volume, after a dire start to the year, but issuance in the next nine days is likely to be very quiet, leading up to the Brexit referendum on Thursday June 23.
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South Korea’s Woori Bank is expected to bring a dollar-denominated Basel III additional tier one bond to the market as early as September after its plans were abruptly put on hold in April due to a proposed changes in rules.
