Banks

Occidental Petroleum has successfully wooed Anadarko, the Texas-based shale oil and gas company, with a new offer to buy it, including a larger portion of cash. Anadarko has ditched the deal it already had in place to sell itself to rival bidder Chevron.

Equity capital markets bankers are pitching aggressively for any new business they can get, often disregarding issuer region or the size of the deal, to make up for the dearth of supply so far in 2019.

Czech Railways (České dráhy), the 100% state-owned Czech national railway operator, is embarking on a European roadshow for a seven year bond.

Majid Al Futtaim, a shopping mall developer based in the Middle East, has set the spread for its green sukuk, with the deal attracting about $3bn of orders for $600m of paper.

Evotec, the biotech and healthcare company headquartered in Hamburg, has launched a Schuldschein with a €100m starting target.

Haitong UniTrust has launched pre-deal investor education for its Hong Kong IPO, as the Chinese financier looks to make it fourth time lucky for its deal.

FinecoBank may look to boost its leverage ratio with a €200m issuance of additional tier one securities in the coming months, as part of plans for the entity to operate independently from the UniCredit group.

Luckin Coffee has covered books after the first day on the road for its up to $510m Nasdaq IPO. And to add to the proceeds, the firm is concurrently selling ordinary shares to merchant firm Louis Dreyfus Co.

The Hong Kong government is readying its highly anticipated debut green bond, kicking off investor meetings this week.

Eagle Hospitality Trust has cut the floor of the initial price guidance for its Singapore IPO, hiking up the yield for investors while delaying the end of its roadshow, according to a source close to the deal.

Tencent Holdings has seen an impressive rally in the secondary market for its recently issued dollar bonds, a reflection of strong investor appetite for investment grade supply amid underwhelming issuance volumes in 2019.

China’s real estate company Greenland Holdings has returned to the offshore loan market after a two year absence, offering a juicier price this time.