Barclays

Teva Pharmaceutical Industries has started a series of investor calls and meetings to market a triple currency bond that is expected to be one of the largest new issues of the year.

South American sovereign Uruguay raised $1.147bn of bonds on Wednesday via a tap of its 2027s and 2050s in the longest maturity EM sovereign bond sale of the year.

PerkinElmer, the US human and environmental health technologies company, rolled into a piping hot European bond market on Tuesday and aggressively cut pricing on its debut euro bond, only for it to snap 35bp tighter in secondary.

L-Bank will join the flood of dollar trades hitting screens this week on Thursday, after mandating four banks for a five year Reg S bond.

Man GLG has hired five senior investment professionals from Barclays, HSBC, American Century Investments Banco Itaú BBA. The appointments complete Man GLG's recently established emerging markets debt team.

The European Stability Mechanism reopened the euro benchmark markets for SSA borrowers on Tuesday with a €5bn dual tranche deal.

KfW paved the way for a slew of dollar mandates from SSA borrowers on Tuesday with a $5bn new issue.

As fertiliser firm EuroChem refinances a five year old loan, the borrower will find that pricing and lenders in the Russian market are changing, according to two bankers.

The IPO of Enav, the Italian state air traffic control network, has already received enough orders to cover the entire deal, including the 9% greenshoe, a source close to the deal said.

Majid Al Futtaim (MAF) printed a $300m opportunistic tap of its May 2024s on Monday to re-open the Gulf Corporation Council bond market after Ramadan.

Bookbuilding for the €805m IPO of Enav, the Italian state air traffic control network, will begin on Monday, July 11, the Ministry of Economy and Finance said in a statement late on Thursday evening.

The Bank of England cut the UK’s countercyclical buffer requirement with immediate effect on Tuesday, softening risks associated with payments on additional tier one (AT1) debt.