Banks

A new special purpose acquisition company focused on the decarbonisation industry has launched an IPO on the Amsterdam Stock Exchange, with the backing of cornerstone investors.

Anadolu Efes Biracılık ve Malt Sanayii, the Turkish brewer, is seeking to issue a new dollar bond as it tenders for existing debt in the currency, just days after the Turkish sovereign reappeared in the debt capital markets.

China’s Full Truck Alliance (FTA), billed as an Uber-style service for trucks, has raised $1.56bn from its New York IPO. A wave of global demand pushed final pricing to the top of the guidance, said a banker close to the deal.

The recent round of M&A and leveraged buyout financing provided by Chinese banks shows their growing ambition in the more complicated and riskier part of Asia’s loan market.

Chinese online human resources service provider 51job has raised a $1.825bn term loan from two banks to support its take-private.

Zylox-Tonbridge Medical Technology, a China-based medical device maker, is looking to raise up to HK$2.56bn ($329.9m) from a Hong Kong IPO.

Agriculture company Syngenta Group Co is working with three Chinese securities firms to prepare for a listing on Shanghai’s Star market.

Chinese real estate company Hopson Development Holdings returned to the offshore bond market for the fourth time this year on Monday, this time taking an aggressive approach to pricing its $200m deal.

Barclays has appointed Anita Tanna as managing director and head of EMEA generalist and specialist cash sales in London, having hired her from Citi.

Vattenfall, the Swedish energy company, and UK care home operator Assura have mandated for sterling use of proceeds ESG deals, as sustainability bankers say that the sterling market is growing in popularity for issuance.

The Federal Reserve made a hawkish lurch at its meeting last week and the consequences are still rippling through rates markets with just two SSA borrowers attempting deals in what could prove volatile markets.

Gazprom is set to access the Swiss franc market this week to sell its first trade in the currency for over three years.