Citi
-
The Development Bank of the Republic of Belarus (DBRB) will go on the road this week, promoting its first ever international dollar Eurobond. -
Bookrunners on Dubai-based payments company Network International will close books on the IPO a day early, and have increased the size of the offering, after receiving huge demand for stock.
-
No sooner had the dust settled on the first global nuevo sol bond sale from a non-financial corporate in 14 years than a second Peruvian company announced its plans to do the same, leaving DCM bankers curious to discover the depth of the local currency market.
-
-
-
French construction company Vinci took advantage of a lull in supply and favourable financing conditions to make its long-awaited dollar market debut.
-
-
Indications of interest for Saudi Aramco’s planned bond issue were understood to have topped $15bn on Thursday morning in London, with three days left of the roadshow still to run. Contrary to press reports, investors have been told on the roadshow that the cash raised will not be used directly to fund the acquisition of Saudi Basic Industries Corp, as that is not expected to take place for another six to 12 months, writes Francesca Young.
-
Sovereign, supranational and agency (SSA) issuers burst into the second quarter with a scorching week that saw plenty of big books and minimal or negative premiums.
-
Two renewable energy companies achieved successful euro bond issues on Thursday. Norsk Hydro, the Norwegian aluminium and renewable energy firm, and ERG, the Italian wind energy group, issuing in green format, both tightened their prices and finished with plenty of over-subscription in their books.
-
Financial institutions flocked to the euro market this week to take advantage of extremely favourable issuance conditions in the run-up to earnings season. As many as 13 borrowers raised close to €9bn of senior funding in the space of four days.
-
