Bank of America

Leasys, an Italian car rental company, and similarly rated commercial property investor Lar España Real Estate competed for investor attention on Thursday with debut green deals, in a major test for the type of esoteric issuers that typify the slower summer market.

India’s first listing of a unicorn has started, as Zomato, a food delivery start-up, made its second day of bookbuilding on Thursday for a Rp98.9bn ($1.32bn) IPO. Droves of investors have already oversubscribed the deal, paving the way for the pipeline of technology listings to come, writes Jonathan Breen.

US investment banks enjoyed a boost in earnings from their M&A bankers in the past quarter as a flurry of deal making made up for a return to more normal levels of debt issuance and trading.

Indian food delivery app Zomato has launched its hotly-anticipated IPO of up to Rp98.9bn ($1.32bn), anchored by a strong book of global heavyweight investors.

Loomis, the Swedish cash handling company, has signed a €265m-equivalent credit facility, with the borrower maintaining the same level of net bank facility debt.

Realty Income Corp, the US real estate investor, made its debut in the green bond market on Thursday with a sterling deal, with the issuer pricing its first foray into the structure inside its own curve.

LinkDoc Technology, a cancer-focused medical data company, has shelved its US IPO just hours before pricing, as Chinese technology stocks recoil from Beijing’s clampdown on overseas listings.

Indian unicorn Zomato, a food delivery service, has set the final terms for its up to Rp98.9bn ($1.32bn) IPO.

Sterling investors had their choice of ultra-long dated corporate bonds on Wednesday, as charitable foundation the Wellcome Trust and Flagship Housing Group printed 50 and 40 year paper, respectively.

The disparity between ratings and spread levels was highlighted in the euro high grade corporate bond market on Wednesday, after German conglomerate JAB Holdings opened books on a deal 40bp wide of lower rated Italian utility A2A, despite the same maturity and size.

JAB Holdings and Prosus have hired banks to run bond issues, adding to the barrage of corporate deals in the works before Europe's summer break.

Xpeng bagged HK$14bn ($1.8bn) this week from the first secondary listing in Hong Kong by a Chinese electric vehicle maker.