Banks

Two Mexican companies announced bond roadshows on Monday, in combination with buybacks of 2022 notes, as Latin American borrowers continue to try to use liability management to take advantage of low rates to refinance debt.

Barclays’ ex-head of EMEA FIG syndicate John Wright has started a new job at Standard & Poor as financial institutions credit analyst.

A pair of rare European companies placed large MTNs through Deutsche Bank on Monday. Investors poured into in a seven year tap by Heineken, while Volvo revved in with a 10 year dollar note.

Chinese in-vitro diagnostic products distributor IVD Medical Holdings has priced its Hong Kong IPO at HK$3.07 a share, the bottom of the price range, to raise HK$1.02bn ($131.28m).

UniCredit has hired for a range of posts in its financing and advisory team, including roles in infrastructure, high yield, debt origination and as head of the Asia Pacific region.

India’s securities regulator has given the greenlight for Sterling and Wilson Solar’s IPO, which could raise up to Rp45bn ($655m).

Hong Kong-based Chong Hing Bank raised $400m from a Basel III-compliant additional tier one (AT1) transaction at a level that was, unsurprisingly, inside fair value.

Beijing Jingneng Clean Energy is offering a slightly higher margin on a new HK$3bn ($385m) loan, compared to a green loan sealed last year.

Chinese online game streaming platform DouYu has launched a Nasdaq IPO, having delayed its plans in May amid tumultuous markets.

Shimao Property Holdings and China Overseas Land and Investment took advantage of a strong market backdrop and renewed investor interest in duration to price seven and 10 year bonds, respectively.

Posco, the South Korean steel firm, has sold its first sustainability bond, raising $500m and attracting investors to its solid investment grade credentials.

Beijing Infrastructure Investment, a Chinese local government finance vehicle (LGFV), returned to the international bond market on Tuesday, raising $200m at a tight price.