Bank of America

US fashion brands group PVH Corp on Tuesday sold its first bond in the euro high yield market, amid growing concerns that the UK could vote to leave the European Union.

FCA Bank, the Italian car finance bank, joined US company Sysco in issuing a euro corporate bond on Tuesday, despite turbulent market conditions — and like Sysco, achieved a good result.

Greentown Service Group is conducting investor education for its $150m-$200m IPO in Hong Kong until early next week.

Cott Corp, the US-Canadian drinks maker, on Thursday sold a €450m bond to support its buyout of Eden Springs of Switzerland.

China Development Bank Leasing Co has started testing investor appetite for its potential $1.2bn IPO, according to sources familiar with the matter.

Hotel Lotte Co has axed plans for a listing that could have raised W5.3tr ($4.5bn) after a raid by investigators on the offices of its parent proved one setback too many for the issuer.

Investors’ thirst for stock in Dassault Aviation, the maker of Mirage and Rafale fighter jets, was evident last March when Airbus sold €1.76bn of it in a block trade. It was clear again on Thursday night when Airbus launched a two-pronged monetisation of its entire remaining 23.6% stake.

L&T Technology Services has named Bank of America Merrill Lynch, JM Financial, Kotak Mahindra Capital and SBI Capital Markets as the lead banks on its planned IPO in India.

Investigators raided the offices of Lotte Group early Friday morning, one week after they did the same to its subsidiary Hotel Lotte Co, which is in the midst of trying to launch an IPO.

Block trade activity built steadily in intensity this week, reaching a crescendo on Thursday evening with a burst of deals including Airbus’s exit from Dassault Aviation. Also out on Thursday were Apax’s clean-up of Auto Trader shares and a block of shares in Spanish property company Colonial. Deutsche Bank was on almost every deal.

The response to some of this week’s dollar deals has got some bankers believing that next week’s US Federal Reserve meeting might not prove to be the market shutting millstone that it had promised to be just a few weeks ago.

Shares in Van Lanschot, the Dutch wealth management firm, jumped 5% on Thursday after it announced the pricing of its ‘re-IPO’ early in the morning.