Citi
-
-
-
-
IDB Invest, the private sector arm of the Inter-American Development Bank, made a rare visit to the market on Thursday against a backdrop of rapidly rising US Treasury yields. The turbulent backdrop looked to have little impact on the trade, however.
-
Most European leveraged loan deals in October are achieving savings of 25bp and more over price talk, with demand on the rise. The loan offering to fund Advent’s buyout of Distributed Power confirmed this trend, as it tightened margins and issue discounts.
-
After celebrating German Unity Day on Wednesday, Deutsche Telekom (DT) wasted no time in getting back to its capital markets work with its first visit to the sterling market in 18 months, satisfying some of the latent demand in the currency.
-
Ganfeng Lithium is set to raise HK$3.3bn ($421.6m) from its Hong Kong IPO on Thursday after pricing shares at the low end of expectations.
-
South Korea’s IPO market is struggling to gain momentum, buffeted by a drop in the benchmark equity index and an increase in surveillance of listing hopefuls by the financial regulator. With the market expected to remain fragile, caution appears to be the way to go, writes Jonathan Breen.
-
IDB Invest is out with a no-grow $500m three year floating rate note after completing a series of investor meetings. The trade will come after Kommuninvest and NRW.Bank issued in that part of the curve over the last week.
-
Petrochemicals company Saudi Basic Industries Corporation (Sabic) and Qatari bank Al Khalij Commercial Bank printed bonds on Tuesday with no sign of investors wearying of Middle Eastern supply despite $12.5bn having been sold from the region since the start of September.
-
The Republic of Albania returned to the capital markets for the first time in three years on Tuesday, selling a euro benchmark.
-
Indonesian power company Perusahaan Listrik Negara has closed its debut offshore loan after exercising part of the greenshoe option.