Banks

The US’s Reality Income is planning a £300m bond sale to part finance its acquisition of 12 properties in the UK linked to grocer J Sainsbury’s.

Royal Bank of Canada said on Tuesday that it was looking at the euro market for its first green senior unsecured bonds, at a time when issuers seem to be more in control of pricing than investors.

Macquarie Capital has hired Fady Lahame as head of France, after hiring an equivalent for the UK earlier this month.

Dual currency high yield bonds to fund EG Group’s purchase of Woolworth’s petrol stations in Australia hit screens on Tuesday morning, the long-anticipated second slug of a financing part-placed in Australian dollars. The all-bond issue flies in the face of recent market trends, which have seen comparably-rated loans price well inside EG’s initial price thoughts.

The Republic of Cyprus mandated banks on Tuesday for a dual tranche comprising new five and 30 year bonds, with the latter the longest ever bond sold by the sovereign.

Chinese plastic surgery online social network So-Young International has commenced its Nasdaq IPO of up to $179.4m.

Chinese e-commerce platform Yunji Incorporated has set a price range for its issuance of American Depository Shares (ADS) on the NASDAQ board.

Chinese coffee shop chain Luckin Coffee is set to launch an issue of American Depository Shares (ADS) on Nasdaq.

CLSA named Richard Gould as its new chief executive on Tuesday alongside three other senior appointments, a month after losing former CEO Jonathan Slone.

Viva Biotech Holdings has kicked off bookbuilding for its Hong Kong listing, eyeing proceeds of up to HK$1.52bn ($194m). The firm has secured the support of Chinese state-owned giant Sinopharm.

BMW Group has debuted its first asset backed note (ABN) in China, bagging Rmb2.5bn ($387m) with a three tranche fixed rate deal through its majority-owned subsidiary, Herald International Financial Leasing.

SEG Automotive, a starter motor manufacturer, is tapping the offshore loan market for a €300m dual tranche facility.