Bank of America
-
The European Stability Mechanism will open books on Tuesday on what SSA bankers believe will be the first euro benchmark issuance to carry a negative yield. -
Ineos, the Swiss-registered chemicals company, has brought forward the deadline for its bond-to-loan refinancing, after nearly doubling the size of the deal on Friday.
-
The euro senior market was off to a quick start on Monday, with Allied Irish Banks and Deutsche Bank opening the market with five and 10 year deals.
-
Korea’s Woori Bank (WB) is due to sign a $500m multi tranche financing this week. The self arranged club loan is paying banks razor thin margins.
-
State Bank of India (SBI) is slated to launch a share sale in the week of March 16 that will raise between $2.0bn-$2.5bn, making it the largest ECM transaction to come out of the country since Coal India’s Rp226.13bn ($3.7bn) block deal.
-
-
Noble Group, a supplier of commodities, was expected to send out term sheets to its relationship banks for a borrowing of $3bn on March 6.
-
The term loan portion of MMI International’s $580m five year borrowing opened into general syndication this week.
-
The tier two market rocketed back into action after a nearly two week hiatus on Wednesday, with Santander Issuances and KBC Group hitting the undersupplied sector and quickly building bumper books.
-
Nordea took to the additional tier one market on Thursday for the second time, pricing the dollar Reg S portion of a triple tranche transaction at the joint lowest coupon seen in the asset class.
-
Berkshire Hathaway, the investment company controlled by Warren Buffett, became the latest US company to come to the euro bond market when it priced a €3bn three tranche deal on Thursday.
-
Jaguar Land Rover, the UK premium car maker, has dipped for the second time in two weeks into a high yield market awash with demand, leading to lower funding costs.
