Banks

Hong Kong-listed Car Inc raised $250m from a bond last Friday, riding on the positive sentiment of an ongoing take-private deal and better access to funding.

Kaisa Group Holdings, a Chinese real estate developer, is planning to tap shareholders for a HK$2.73bn ($351.1m) rights issue.

Shares in European FinTech IPO Company 1, a new blank cheque firm focused on financial technology in Europe, fell in trading on Friday following the company’s €415m flotation on the Amsterdam Stock Exchange.

The Autonomous Community of Andalucia has selected banks to arrange a series of meetings with investors to promote its new sustainable finance framework and provide a credit update.

Dutch bank ING made a triumphant return to the dollar market this week, launching its first SEC-registered trade in almost two years as it added to Yankee bank supply.

A group of bondholders is threatening legal action against NordLB, claiming the German lender is acting in bad faith by trying to terminate its silent participation capital notes.

FACC, the Austrian aerospace components company, has amended the financial covenants on its syndicated loan, as large chunks of the EMEA airline sector continue to renegotiate debt tests.

Magnum Opus Acquisition, a special purpose acquisition company (Spac), has raised $200m from a New York Stock Exchange IPO.

Casino operator MGM China Holdings added more liquidity to its balance sheet this week with a $750m bond outing.

Chinese question-and-answer platform Zhihu has raised $522.5m from its US IPO, after pricing the deal at the bottom of the marketed range, according to a source familiar with the matter.

Chinese firm Linklogis has thrown open the book for its Hong Kong IPO, aiming to pocket up to HK$8.28bn ($1.06bn).

Financial institutions bond bankers are hoping to build back better in April after coping with a tumultuous end to the first quarter. They say the holiday season and a recent back-up in yields will combine to create the perfect conditions for a long-awaited credit rally.