Bank of America

Two equity accelerated bookbuilds were conducted in Europe on Tuesday evening. One was a private equity selldown of Thule – but more unusually, Capgemini raised €500m for an acquisition, at a 2.9% discount.

An agency is set to become the latest issuer to enter the green bond market, after scheduling a global investor call for Friday.

Oi, the Brazilian telecoms company, is seeking to issue a €500m high yield bond, and buy back four old euro bonds.

China Biologic Products, the Nasdaq-listed biopharmaceutical firm, sold an increased offering of American Depositary Shares (ADS) on June 9 to raise $315m, as books closed a day earlier on the back of strong demand.

Hyundai Heavy Industries Co printed a $221.6m zero coupon exchangeable bond on June 10, ending a near two-year drought in new supply of such bonds from the country. The deal prompted a huge response, igniting debate about whether the gate has been flung open for Korea’s equity-linked market, writes John Loh.

After 499 years as a national asset, Royal Mail's privatisation is nearly over. The UK government sold a 15% stake for £750m in a successful accelerated bookbuild on Wednesday night.

Bank of America Merrill Lynch has hired two new DCM bankers in origination and liability management

Bank of America Merrill Lynch is moving bankers from Brazil and Japan to London, in order to help it pitch Latin American and Asian markets to European corporate banking clients.

Hyundai Heavy Industries Co has started bookbuilding for a zero coupon exchangeable bond issue due in 2020 to raise $209.7m-$221.7m, which comes with a guarantee from Korea Development Bank.

One of India’s largest port operator Adani Ports and Special Economic Zone is venturing into the international bond market for the first time having started gauging investor sentiment this week.

Sealed Air, the US packaging company, is meeting investors in London since Tuesday to market its first euro bond, part of a refinancing of its notes due 2021.

The transaction that was supposed to open up the additional tier one market in South Korea ended up having the opposite effect last week as Woori Bank’s penny-pinching led to a heavy sell-off in secondary. Woori is unlikely to be damaged by the incident, but it needs to recognise that its actions have consequences for the rest of the market.