Banks

The corporate bond market started at a frantic pace on Tuesday with five deals pricing. But on Wednesday French tyre manufacturer Michelin found its patience was rewarded with a chance to dominate investors’ attention.

Aston Martin, the UK maker of luxury cars, has launched one of the most highly anticipated London IPOs in recent years, having announced its intention to float on Wednesday morning.

Tobias Rihs, the son of the late Swiss billionaire Andreas Rihs, has sold Sfr314.9m of shares in Sonova Holding, the Swiss maker of hearing aids, from the estate of his father.

BNP Paribas's corporate broking launch is ambitious but in its top-ranked equities business, it already has one of the most important elements for success, writes David Rothnie.

Sachin Shah began his new job this week, as a director in ING's sovereign, supranational and agency debt capital markets business.

After a plethora of small deals, the covered bond market look set for a proper test of appetite as Royal Bank of Canada prepares to issue a seven year euro denominated covered bond.

Durham University has raised £225m in a triple tranche US private placement, as competitive pricing and the range of available tenors lured the unrated credit to the private market.

Kuwait’s Zain Group has signed a $700m five year revolving credit facility, with all lenders scaled back by the telecoms company following an oversubscription.

Demand for a new Credit Agricole €500m public sector seven year covered bond this week was weak, but bankers are confident that sentiment is set to remain broadly constructive.

mBank, a Polish financial institution, has hit the market with what will be the first euro benchmark from a CEEMEA borrower in over a month, taking what some investors believe is a cautious approach to reopening the market.

Czech company Atrium European Real Estate is reviving its €300m bond issue this week with a shorter maturity, having roadshowed in June. The deal looks set to be one of the first out of the gates in the emerging markets this week, after a tumultuous summer for that asset class.

China-based X Financial has set the ball rolling for a potential $250m listing on the New York Stock Exchange.