Bank of America

BAML has pulled off what few thought possible and drawn level with JP Morgan as top broker to the UK’s blue chips, writes David Rothnie.

Noble Group has signed its latest fundraising at $2.3bn, with 35 banks participating, despite negative reports that swirled around the company during syndication. The leads’ decision to hold roadshows in Europe and North America, in addition to Asia, has paid off, with the list of incoming banks revealing plenty of western liquidity.

GlobalCapital presents its annual Corporate Bond Awards 2015. These Awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, investment banks and rating agencies in the European high yield market between May 2014 and April 2015. GlobalCapital congratulates all the winners and nominees.

GlobalCapital presents its annual High Yield Bond Awards 2015. These Awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers, investment banks and rating agencies in the European high yield market between May 2014 and April 2015.

Brazilian food producer BRF Foods has mandated six banks to manage a roadshow ahead of a potential euro denominated green bond, on the same day that it announced a tender offer via a different set of banks.

Baozun Inc has priced its IPO on Nasdaq below an earlier marketing range, raising $110m for the largest US listing by a Chinese issuer so far this year.

General Electric became the latest US issuer to hit the euro bond market with a multi-tranche deal on Wednesday. The bond was issued by GE itself, not GE Capital.

Eurofima is set to become the latest issuer to sell in dollars this week, with what will be its first deal in the currency since a $1bn three year in May 2010.

Radiotelevisione Italiana (RAI), Italy's state broadcasting company, sold its debut bond issue on Tuesday, with a healthy spread over Italian government debt allowing it to gather a hefty book for a sub-benchmark print.

Illinois Tool Works, the US machinery and components maker, issued its third euro bond on Tuesday, taking what bankers away from the deal judged a “conservative” approach by selling eight and 15 year tranches.

The public sector dollar bond pipeline for Wednesday is filling up, with a series of issuers set to follow a three year dollar benchmark from the European Investment Bank on Tuesday.

China Aoyuan Property Group priced a $250m bond this week, proving that sentiment has improved to the point where the market is ready to embrace lower rated property developers from China.