Bank of America

Marine vessel operator PACC Offshore Services Holdings (Posh) started premarketing for a $400m Singapore IPO on Thursday, according to a banker close to the trade.

AJ Murphy has joined Goldman Sachs to head its global leveraged finance origination team from New York.

Norwegian insurer Gjensidige sold an Nkr3.3bn ($540m) stake in domestic peer Storebrand on Tuesday night, launching the well-flagged deal with full coverage after a sale of another of its financial holdings stumbled earlier in the month.

Metaldyne, a US car parts maker, closed a $671m-equivalent transatlantic leveraged loan facility last week. Bank of America Merrill Lynch, which led it, is set to launch another large deal later on Wednesday.

Gazprombank drew over four times the demand it needed for a $750m bond on Tuesday, finding investors' appetite undiminished despite a rating agency report warning of Russian banks’ exposures to Ukraine, where tensions continue to escalate.

Hyundai Capital Services has mandated Bank of America Merrill Lynch, BNP Paribas, Citi and HSBC to arrange a series of non-deal investor meetings in Asia, Europe and the US.

Kennedy Wilson Europe Real Estate, the Irish property firm, has completed its £910m London IPO having increased the size of the deal after bookbuilding began.

Germany's HeidelbergCement has slashed the margin it pays for syndicated loans, signing a new €3bn five year refinancing loan with an out of the box margin of 95bp, a 30bp reduction on the debt it is repaying.

Gazprombank opened books on a 5.5 year dollar bond on Tuesday morning, which debt bankers away from the deal said had opened with a generous starting spread.

Solidium, a Finnish state investment fund, raised €800m through a combined ABB and exchangeable bond on Tuesday, allowing it to monetise some of its holding in Sampo and reviving the structure after a run of similar deals in early 2012.

Abu Dhabi Commercial Bank closed the first FIG deal from the Middle East this week, pricing a $750m bond flat to its secondary curve. Bankers off and even on the deal had doubted how much international interest there would be given how tight Middle East spreads are relative to the rest of the CEEMEA market. But the final order book left no doubt about demand for a region which, in a world of EM uncertainty, has stability and credit strength firmly on its side.

Theme park operator Dalian Haichang Group started premarketing its $300m Hong Kong IPO on February 24, according to a banker close to the trade.