Citi

Cemex Holdings Philippines has raised Ps21.9bn ($465m), pricing its IPO near the bottom of guidance after it was put under pressure by last week’s Brexit decision.

L&T Infotech, a unit of Indian conglomerate Larsen & Toubro, is set to raise Rp12.4bn ($183.4m) from its domestic IPO, having announced the price range and bookbuilding dates.

Caribbean sovereign Dominican Republic attracted $2.6bn of orders for a bond reopening of $500m amid a wave of Latin America borrowers that issued on Wednesday to prove the region’s resilience to worries over Brexit.

Latin American borrowers rushed to new issue markets en masse on Wednesday to confirm the thesis that Brexit would have little or no effect on the region, with four issuers pricing bonds and several more likely to do so imminently.

Swedish truck manufacturer Scania has refinanced a €1.25bn multicurrency revolving credit facility, as the pipeline of Nordic loan refinancings slow, according to a senior banker in the region.

US brewer Molson Coors didn’t miss a beat as it hopped into the European corporate bond market on Wednesday, sweeping away Brexit-related uncertainty to issue an €800m eight year bond after closing a $5.3bn deal the day before.

Just one bank was absent from French automotives parts manufacturer Faurecia’s amend and extend deal signed June 24.

China’s DFZQ, also known as Orient Securities Co, has raised HK$7.8bn ($1.0bn) from its Hong Kong listing after pricing at the bottom half of the marketing range, according to a source close to the deal.

The London Stock Exchange (LSE) could be closing in on an equity trading link for UK-listed depositary receipts by Chinese firms that would see the participation of Euroclear and LCH.Clearnet, GlobalRMB has learned.

Citigroup bulked up parts of its Irish operations last year, in what may have been long term preparation for a potential UK vote to leave the European Union. But other US firms, including Goldman Sachs and Morgan Stanley, continue to rely heavily on their UK subsidiaries to access international markets.

Amid the chaos in global markets on June 24, the IPO of Veneto Banca reached its expected conclusion: the book closed almost empty and the listing was cancelled, leaving Fondo Atlante, the Italian bank rescue fund, to provide the €1bn of capital Veneto had to raise.

India’s Mahanagar Gas has priced its IPO at the top guidance to a value of Rp10.4bn after a torrent of orders covered the book more than 60x.