Banks

Groupama announced on Monday plans to sell the first tier three note with an environmental, social and governance (ESG) label, with bankers confident that the pick-up to non-preferred paper will entice green funds into the deal.

UniCredit was able to stack up more than €3.25bn of demand behind its inaugural green bond on Monday, landing the note 10bp through its conventional curve.

State-owned Qatar Petroleum was in the bond market on Monday with a multi-tranche bond that included a Formosa issue. Investors, meanwhile, say they expect the sovereign — one of the only Gulf states to have been absent from markets so far this year — to sell bonds imminently.

Alpha Bank, the Greek banking group, has begun bookbuilding for its €800m share sale intended to strengthen its balance sheet as it enters a new stage of growth following the clean-up of Greece’s banking sector since the eurozone crisis.

Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.

Citi named on Monday who will be chairman and co-heads of its banking, capital markets and advisory division for the UK and Ireland.

Chinese biotechnology company Keymed Biosciences has hit the market with an up to HK$3.1bn ($400.1m) IPO.

Chinese online grocer Missfresh saw its share price sink on its trading debut, after it priced its Nasdaq IPO at the bottom of the marketed range.

Zhongyuan Yuzi Investment Holding Group Co has become the first Chinese local government owned firm from Henan to price an offshore bond since the high-profile default of another issuer from the same province last November.

Genertec Universal Medical Group, a Hong Kong-listed healthcare services company, has received strong response during syndication for its latest loan.

Citi has appointed two co-heads of EMEA consumer products investment banking in London and a head of global luxury investment banking in Milan.

Greenvolt, the Portuguese biomass energy operator, is preparing to go public on the Lisbon stockmarket, having announced its intention to float this week.