Bank of America
-
FirstRand on Thursday printed a $500m bond with a spread of 100bp or less over the Republic of South Africa, with the order book for the deal having closed at $1.9bn.
-
FirstRand has launched its $500m bond at with a spread of less than 100bp over the Republic of South Africa, with the order book for the deal having closed at $1.9bn.
-
The Financial Conduct Authority has fined Merrill Lynch International £13.29m in response to a string of failures to report trades, boosting the cost of each error from £1 to £1.50 for the first time.
-
Chris Lees, managing director of European syndicate debt at Bank of America Merrill Lynch, will leave the bank this week, GlobalCapital understands.
-
FirstRand finishes the roadshow for its senior bond on Tuesday and is likely to release initial price thoughts on Wednesday.
-
Trafigura Beheer met its size target when it issued a €550m five year bond on Monday, but could not tighten pricing from initial thoughts, in the face of investor caution. -
E-commerce based Baozun Inc is seeking an IPO on the Nasdaq to raise $200m, in what will be the first US listing of a Chinese technology firm exceeding $100m since December 2014.
-
Transport for London on Friday added to a burgeoning green bond market in sterling by selling its inaugural deal in the format at a level inside initial price thoughts.
-
Investors welcomed the return of Industrial Bank of Korea (IBK) in the dollar bond market on April 16, happy to get their hands on one of the less active policy banks. Pleased with the quality of the order book and the pricing level, the issuer decided to increase the size to $700m.
-
China Cinda Asset Management’s latest deal proved that when it comes to bonds, it does not always have to be a choice between size and prize. The bad debt manager hit the market with a jumbo $3bn dual trancher on April 16 — the third largest non-sovereign dollar bond from Asia ex-Japan this year — and managed to do so by pricing inside its curve.
-
The first quarter numbers of the biggest US investment banks show that the right kind of volatility is back in the market, as divergent central bank policies pushed investors to take a view.
-
