Bank of America

Big acquisition financing trades graced the dollar market ahead of the Thanksgiving holiday while Medtronic rounded off investor calls ahead of an anticipated $10bn M&A trade expected to come next week. All told, November has been the busiest month for US high grade supply — $87bn —since September 2013.

Huadian Fuxin Energy Corp has raised HK$1.72bn ($222m) through a private placement of H-shares to a group of 10 investors, with the company’s sector of operation winning the favour of the market.

US energy company ContourGlobal’s plans to issue debt via its Peruvian subsidiary Energía Eólica in a deal that could provide Latin America with its first ever green bond.

NXP Semiconductors, the Dutch chip maker, raised $1bn on Tuesday with a convertible bond that used the call spread structure popular with US tech companies.

Korea Eximbank was able to raise well over its minimum target amount on Tuesday with its inaugural bond in Canadian dollars, a currency that the issuer had been eager to print in for a long time.

Onex, the Canadian private equity firm, has acquired SIG Combibloc, the Swiss drinks carton maker, for €3.75bn and confirmed 10 banks that will arrange the leveraged buyout.

Books on the Rph4.6tr ($376.74m) IPO of Archi Indonesia will close a week later than scheduled as the company waits for some key investors to finalise their bids.

Korea East-West Power Co (EWP) provided a strong end to what has been a mixed year for Korean credits, selling a $500m 5.5 year bond on November 24. Investors thronged to the quasi-sovereign, which benefits from favourable government policies, at one point helping the order book reach eight times subscribed.

Feiyu Technology International Co, a mobile game developer, has pressed the play button on its HK$765m ($99m) listing, opening books on November 25. The shares are being offered at a discount to some of the closest comparables, but bankers said valuation was not a priority for investors who are more concerned about the business having the right team in place to develop the next big game.

Bond investors are facing yet another blockbuster bank capital deal just a month after Bank of China’s $6.5bn additional tier one (AT1) with Industrial and Commercial Bank of China (ICBC) set to launch its own trade later this week. While ICBC is likely to lose out in size, it is planning to steal the spotlight by executing a triple-currency transaction including a record beating offshore renminbi offering.

Verizon Communications, the US broadband and mobile phone company, raised €2.4bn ($2.99bn) on Monday with dual tranche bond issue, which it priced arguably inside its dollar curve.

The recent spate of bond issuance in euros by US companies continued on Friday as Praxair, the Connecticut-based industrial gases group, sold a €500m 11 year bond with a minimal new issue premium.