Banks

Aihuishou International, a marketplace for second-hand electronics, has kicked off a $243.5m IPO on the New York Stock Exchange.

Credit Suisse has hired from a European rival to lead its Brazil DCM efforts as it edges up the LatAm bookrunner league tables.

Stellantis, the entity formed by the merger of car makers Fiat-Chrysler Automobiles and PSA Group, printed what the lead managers reckon was the longest maturity bond in euros from the sector in its ratings bracket, though the market was divided over whether peers could print similar deals.

Spain’s Instituto de Crédito Oficial hit the market for its third green bond on Monday, giving its newly updated framework for the product its first airing.

Repsol, the Spanish oil and gas company, is lining up investor meetings to show off its freshly published transition financing framework, after being the first oil major to bring a divisive green bond that is due to mature next year.

The Omani lender Bank Dhofar has secured a loan facility from a consortium of international banks, in a deal led by two regional lenders.

The European Union announced the mandate for the inaugural bond for its €800bn Next Generation EU (NGEU) scheme on Monday morning as the European Commission ruled on prohibiting banks which have been found guilty of breaching anti-trust rules from appearing on syndications for the programme.

French insurer Macif hit all the subordinated formats available to insurance issuers on Monday, as it attracted a bumper €14bn book for a triple tranche deal to fund its acquisition of Aviva France.

Bank Julius Baer, the operating company of the private Swiss bank, is set to dip its toes into the euro bond market for the first time.

Three European banks are lining up trades to finance their environmental, social and governance (ESG) objectives this week, with more than half of euro FIG bond issuance arriving in labelled formats in June so far.

German eyewear retailer Mister Spex is preparing to go public, having announced its intention to float on the Frankfurt Stock Exchange on Monday.

Turkey has re-entered the debt capital markets with the intention of selling a Sharia-compliant bond, a sukuk. The proposed deal, which some say could come at a premium, was announced just days after Saudi Aramco achieved an enormous order book on its debut sukuk.