Citi
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The European Investment Bank kicked off post-summer jumbo dollar issuance on Tuesday with a well-received five year deal, as another issuer jumped in with a shorter dated mandate. -
Swedish industrial machinery firm Atlas Copco received eight times the demand required for a €500m 10 year bond on Tuesday, signalling the end of the summer break in the corporate bond market.
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Sparebank 1 Boligkreditt on Tuesday followed Commerzbank into the covered bond market. By coming 20bp back of Commerz, the Norwegian sale was much smoother.
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India’s National Stock Exchange has appointed four banks, Citi, JM Financial, Kotak Mahindra Capital and Morgan Stanley, as joint global co-ordinators for its domestic IPO.
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South Korea’s Small & Medium Business Corp (SBC) pulled in $500m on Monday from its return to the debt market after a hiatus of 10 years. The combination of a recent credit rating boost and its rarity allowed the issuer to price the bond in line with policy banks.
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Investors are set to welcome a new Chinese local government financing vehicle to the bond market, with Chongqing Western Modern Logistics Industry Zone Development Construction hitting the road for its maiden dollar outing.
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African Development Bank has sold a GHS5m ($1.26m) 16% one year note to an offshore investor.
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The Province of Manitoba has printed ¥6bn ($59.3m) of 30 year paper, equalling the province’s longest ever note in the currency.
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Atlas, the Swedish industrial machinery maker, on Monday launched a €500m 10 year note, the first bond roadshow by a Nordic corporate borrower in three months.
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Russian metals producer Norilsk Nickel is gearing up to launch a loan with international banks, having already secured a large unsecured facility from Chinese banks this year.
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DBS Group Holdings has hired five firms to prepare its maiden dollar-denominated additional tier one bank capital offering.
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South Korea’s Small & Medium Business Corp (SBC) has returned to the international debt market after a decade-long absence, launching a new 10 year dollar note on Monday.
