Banks
-
Singapore’s Frasers Property has closed a S$785m ($581m) green loan, the second green borrowing in six months.
-
UP Fintech raised $104m from its Nasdaq IPO this week after pricing its float above the initial marketing range.
-
Private equity firm Warburg Pincus has raised D2.33tr ($100.9m) after increasing a block sale of Vincom Retail shares.
-
BMW Auto Finance on Tuesday brought its biggest Chinese auto loan ABS since its market debut five years ago. The Rmb 5.5bn ($820m) deal, said bankers, showed that the market will boom this year.
-
Blackstone-backed Embassy Office Parks Real Estate Investment Trust (Reit) has sealed the book for its Rp47.6bn ($694.3m) IPO well oversubscribed.
-
Deutsche Bank has scored a former Credit Suisse banker to jointly lead its execution services in the Asia Pacific region.
-
HSBC’s co-head of equity capital markets for Asia Pacific, Alexis Adamczyk, is set to leave the bank this week after it decided to coalesce the team under a single leader, according to a source familiar with the matter.
-
Despite a slight softness in the European corporate bond market at the end of Tuesday, Wednesday brought another strong deal. CNH Industrial, the agricultural machinery and lorries group backed by the Agnelli family, issued an eight year bond that was increased to €600m.
-
Two accelerated bookbuild transactions hit screens on Tuesday night, in Italian skiing jacket brand Moncler and Total, the French oil and gas company.
-
Continental launched a Schuldschein on Wednesday and, judging by the arranging banks, market participants believe the German tyres and car parts group has its eye on German co-operative and savings bank investors.
-
Bank Nederlandse Gemeenten is braving the dollar bond market during the Federal Open Market Committee on Wednesday, as it takes indications of interest for a $250m tap of its March 2022 floater.
-
Air France-KLM, the Franco-Dutch airline, on Wednesday issued a new €500m convertible bond due in 2026. The deal was repriced in the issuer’s favour after long-only convertible funds piled in, following a drought of new supply this year.