Banks
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Santander Consumer Finance entered the Swiss market on Monday, selling Sfr150m ($150.8m) four year Swiss franc bonds via Credit Suisse.
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Canaan, the world’s second largest maker of cryptocurrency mining equipment, is in a waiting game with the Hong Kong bourse for its IPO to be approved.
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Turbulence in China’s equities and bond markets forced Shimao Property Holdings to cull one portion of a dual-tranche dollar bond deal this week as investors shied away from the longer tenor.
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Dafa Properties Group raised HK$840m ($107m) after pricing its Hong Kong IPO a few cents above the middle of the marketed range.
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ASK Investment Managers and microfinance lender Muthoot Microfin have won listing approval from India’s market regulator.
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GlobalCapital understands UK utility company Scottish and Southern Electric (SSE) is roadshowing in the US private placement (US PP) market for £400m ($528m) equivalent offer across dollars and sterling.
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A senior fixed income syndicate banker at UniCredit has retired, GlobalCapital understands. Bankers at rival firms hailed him as “a true original and a character”.
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Spain’s Soltec has signed a €100m loan from local banks, as the photovoltaic tracking equipment company furthers its global expansion.
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Leveraged buyouts are making a comeback in the European high yield market in October, with the new €1.3bn note for CVC’s acquisition of Italian pharmaceutical firm Recordati the latest example.
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BNP Paribas has appointed a new head of credit trading desk analysts for European banks, with the hire joining from MUFG Securities.
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Gulf International Bank has cancelled a five year dollar bond that it began roadshowing at the end of September.
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Weidai, a Chinese peer-to-peer lender, started drumming up interest for a possible $100m IPO on the New York Stock Exchange on Monday.