Bank of America
-
-
Belgium, KfW and the European Financial Stability Facility could be first in line with euro benchmarks after issuers largely avoided a tricky time this week that included German holidays, a European Central Bank rates decision and uncertainty over the stand-off between Ukraine and Russia.
-
Corporate borrowers are expected to sell a spate of private MTNs this month as Japanese investors hunt for the names, according to dealers.
-
Avis Budget took advantage of strong high yield demand to open books today for a tap of its 6% March 2021 bonds.
-
Banco Santander Chile sold the first Kangaroo bond from a Latin American financial on Thursday, but bankers away from the trade were disappointed with the small deal size. They said the short maturity limited investor interest, though another source argued that the deal did attract a diverse order book.
-
Banco Popolare built the biggest order book for a senior unsecured deal in months on Thursday, paying a generous new issue premium in order to reach a size of €1.25bn for its long-awaited five year.
-
Pork processor WH Group’s $6bn Hong Kong IPO is likely to come in April, according to a banker close to the trade.
-
Bank of Tokyo-Mitsubishi UFJ slotted a fifth tranche into its blow-out $4bn bond on Tuesday, adding a 30 year bond after US investors showed strong appetite for the longer tenor.
-
China’s Haichang Holdings started receiving bids for its HK$2.68bn ($346m) Hong Kong IPO on February 28 as investors were offered the opportunity to invest in what would be the first Asian theme park to list.
-
Beijing based iKang Healthcare Group filed for a $150m Nasdaq IPO on Monday as the list of Chinese companies looking to tap the US equities market for funding continues to grow.
-
Obrascón Huarte Lain, the Spanish construction and concessions group, pounced on a super-tight high yield market today to issue a €300m bond, and found demand so strong that it was able to increase it to €400m.