Bank of America
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Inovyn, the UK-headquartered chorvinyls (PVC) producer 50% owned by Ineos, has set price guidance on its €835m term loan ‘B’ backing its €335m buyout of equity partner Solvay.
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Bankinter will begin meeting investors for a sale of additional tier one bonds on Wednesday, while fellow Spaniard Banco Sabadell and Italy’s UBI Banca are also set to issue capital in the next few days.
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Bank of America Merrill Lynch has announced a clutch of promotions, including the head of investment banking for EMEA.
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Turkey's Dogus Holding is talking to banks about a loan of $400m, according to three bankers. A deal would closely follow one from Borusan Holding, which signed a loan earlier this month that was snubbed by international lenders.
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An overzealous pricing strategy and a divisive credit rating meant JD.com’s debut dollar bond offering did not get off to a good start with the notes widening significantly in the secondary market on Monday.
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BOC Aviation has begun investor education for its $2bn IPO in Hong Kong, with pre-marketing expected to continue into the early part of next week, said a source close to the transaction.
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PQ Corp, the US inorganic chemicals producer, and Inovyn, the UK-headquartered chorvinyls producer — both partly owned by Ineos, the petrochemicals company — are marketing over $2bn of refinancing debt over the coming days.
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India’s third largest private lender Axis Bank has wrapped up its latest, self-arranged loan at $300m.
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A pair of investment grade issuers, Maybank and JD.com, ventured into the dollar bond market on Friday albeit with quite different trades.
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Hongkong Electric has made a successful comeback to the bond market after an absence of more than five years. Thanks to its status as a premium and a rare credit, the company reeled in investors and priced the trade well inside fair value.
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Banco Nacional de Costa Rica (BNCR) sold the first ever high yield green bond from Latin America on Wednesday, jumping on the momentum in a buoyant market provided by Argentina’s jumbo bond comeback.
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The first quarter results of the major US firms show in detail just how painful the early volatility in the year has been, with double digit percentage point declines in multiple business lines.