Bank of America
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Asian Development Bank announced a seven year deal on Thursday as KfW wrapped up a $5bn 10 year that drew over $7bn of orders.
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Malaysian conglomerate Sime Darby has picked four banks to supply the funds for its latest loan. The size of the fundraising is around $800m and it is split into a revolver and a term loan.
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Gold miner Archi Indonesia is looking to raise Rph4.6tr ($371m) from its IPO on the domestic stock exchange, with bankers on the trade confident of a good response despite launching with no cornerstones or anchor orders.
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Two UK companies completed cash-box placings on Wednesday, and both found plenty of demand. Essentra, which makes small components and packaging products, raised £168.8m of new capital, while Workspace Group, the provider of serviced offices in London, raised £96.5m.
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Virgin Money, the UK challenger bank backed by Richard Branson and Wilbur Ross, succeeded in pricing its IPO today, though at the bottom of the price range.
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British oil and gas company BG Group issued €775m eight and €800m 15 year bonds on Wednesday, in a week of strong issuance of European investment grade corporate bonds.
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Total on Wednesday priced a €1bn floating rate note and an €850m fixed rate bond, just a day after it issued a six year sterling deal.
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Excitement around the Shanghai-Hong Kong Stock Connect combined with Hong Kong-listed China Unicom’s lagging share price to help Telefónica Internacional net HK$6.7bn ($859m) from the sale of a 2.5% stake in the company via a block trade on November 10, one of Asia's largest this year.
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US pharmacy chain Walgreen completed the bond financing of its acquisition of Alliance Boots on Monday with sterling and euro bonds totalling some €1.5bn. Strong demand for US credits allowed the bonds to be priced tightly, with the euro tranche considerably inside Walgreen's dollar bonds, according to one lead manager.
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Serco, the UK outsourcing group, had a horrible day in the stockmarket on Monday, as its shares plummeted by 32% after it announced £1.5bn of impairment charges and a £550m rights issue. After that, the shares remained stable for the next three days.
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The Islamic Republic of Pakistan has ditched plans to sell some of its shares in Oil & Gas Development Corp (OGDCL) as investors shunned the paper due to discontent with the pricing.
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The Hong Kong equity market has a fairly large deal to contend with on November 10 with Spanish telecom giant Telefónica Internacional in the market to sell a HK$6.78bn ($875m) stake in China Unicom (Hong Kong).