Barclays

An SSA/EM origination banker at Barclays resigned from the bank on Tuesday.

After weeks of thin issuance in European high yield, six deals were announced on Tuesday, of which two were true buyout financings, rather than the double-B refinancings that have dominated the market this year.

Dual currency high yield bonds to fund EG Group’s purchase of Woolworth’s petrol stations in Australia hit screens on Tuesday morning, the long-anticipated second slug of a financing part-placed in Australian dollars. The all-bond issue flies in the face of recent market trends, which have seen comparably-rated loans price well inside EG’s initial price thoughts.

The Republic of Cyprus mandated banks on Tuesday for a dual tranche comprising new five and 30 year bonds, with the latter the longest ever bond sold by the sovereign.

Nai Yu Goh, a former loans banker at ANZ, has joined Barclays' loan syndicate desk, according to a source familiar with the matter.

Three Chinese property companies courted high yield dollar investors on Wednesday, raising a combined $827m.

The US Federal Reserve’s more dovish than expected stance this year triggered the return of Latin America’s largest telecoms company to the dollar bond market after an eight year absence, the group’s chief financial officer told GlobalCapital.

Gaab retires from Deutsche — Bank of America nabs FIG banker from Morgan Stanley — Credit Suisse bumps up IG trading team

The Province of Ontario’s three year dollar benchmark this week sparked criticism from onlooking bankers after the spread was set a day before pricing. However, a head of SSA DCM at one of the leads replied that it was the “honourable” thing to do after the deal received more demand than expected.

Despite coming from a tough sector, and having some risks of its own, the UK clothing retailer Next got an order book nine times oversubscribed on Wednesday, on a £250m six year corporate bond issue.

Bank of America has hired for its hybrid capital structuring team from Morgan Stanley.

A surge in shareholder activism is providing banks with a lucrative new source of revenue, but they have to tread carefully or risk losing treasured corporate relationships, writes David Rothnie.