Bank of America
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Western Digital, the US computer data storage manufacturer, had bank meetings Wednesday in London for its $9.5bn loan package, backing its $17bn acquisition of SanDisk. -
Bank of America Merrill Lynch has hired Fredrik Reinfeldt, the former prime minister of Sweden, as senior advisor to its EMEA business.
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Delta Lloyd’s largest shareholder continues to oppose the Dutch insurance company’s planned rights issue, which it said on Monday was “massively dilutive” and would “unnecessarily overcapitalise the company at the expense of shareholders”.
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The $400m loan for South Africa's Investec Bank will be oversubscribed, despite the bank being put on review for a downgrade, according to a banker on the deal.
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Bank of America Merrill Lynch has promoted a new head of global capital markets from its leveraged finance division.
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Rabobank took advantage of tightening spreads to grab €2bn of long dated senior funding on Monday,and after the European Central Bank’s latest round of stimulus measures more banks are expected to follow this week.
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India’s ICICI Bank is on track for its first dollar issuance of the year, having launched bookbuilding for a 10 year trade.
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The World Bank last Friday printed in Canadian dollars for the first time in a year, seizing on strong sentiment following the European Central Bank's latest bout of monetary easing.
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ArcelorMittal’s share price shot up on Friday March 11 after the Amsterdam-listed miner and steel maker set the terms for its $3bn rights issue, but then dived on Tuesday morning and though it has recovered, is now lower than last week.
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Bank Nederlandse Gemeenten brought a 10 year dollar benchmark this week that sparked much debate about whether other issuers would be able to follow in the tenor. Although with a flurry of other trades this week, it is clear that other options are available once next week’s US Federal Reserve meeting is held.
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The Islamic subsidiary of Turkey’s Ziraat Bank has launched a bitesize $75m murabaha deal, as the bank itself refinances $1bn of loans.
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Hutchison China MediTech’s (Chi-Med) $100m IPO on the Nasdaq was oversubscribed three days into bookbuilding, even as bankers pinned their hopes on a select group of US funds.
