Bank of America

Cemex tightened its latest deal by over 50bp from initial price thoughts as the Mexican cement company was rewarded for a conservative starting strategy with a well-oversubscribed book.

Bank of America Merrill Lynch has lost a member of its equity capital markets syndicate team in Hong Kong, according to sources.

Far from a signal of returning strength in commodities, this week’s iron ore surge was due to freak activity in derivatives markets, an analyst has claimed, since daily futures volumes were equal to the annual output of big iron ore producers.

The State of North Rhine-Westphalia more than doubled the record size for a green bond from a European sub-sovereign, pricing a deal several basis points inside initial price thoughts on Wednesday.

Bank of America Merrill Lynch has put a banker in its emerging markets DCM team at risk of redundancy.

Berkshire Hathaway drove a pre-ECB meeting rush of issuance on Wednesday as the conglomerate wasted no time following its giant seven tranche bond issued in the US market on Tuesday.

Hutchison China MediTech’s (Chi-Med) $100m IPO on the Nasdaq has been oversubscribed three days into bookbuilding, according to sources close to the transaction.

Woori Bank has hired six banks to work on a dollar-denominated additional tier one (AT1) offering.

Veolia Environnement, the French water, waste and power company, joined on Tuesday the parade of investment grade blue chip companies launching convertible bonds at attractive terms — in this case, a negative yield and very high conversion premium.

Issuers lined up to print in euros on Tuesday as a vital European Central Bank meeting loomed later in the week — but bankers were divided as to how much the flurry of deals was down to concerns over the central bank meeting.

SMCP, the French fashion firm controlled by KKR, registered its document de base with regulators on Tuesday, in the first step towards a possible IPO.

There was a double breakthrough in dollars for public sector borrowers on Tuesday, as Bank Nederlandse Gemeenten reopened the 10 year part of the curve for core issuers for the first time in seven months and Sweden priced the tightest three year benchmark since the first week of the year.