Citi
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Teva, the Israeli pharmaceutical company, will hold a meeting with banks on Wednesday for the syndication of $33.75bn of loans it is using to buy generic drug business Allergan Generics.
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US cruise ship operator Carnival Corp has announced that it will roadshow for a potential euro bond offering that would mark its return to the euro market after a nine year hiatus.
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Naspers, the South African media group, is amending and extending a $2.25bn five year loan led by Barclays and Citi, having issued its largest ever bond for $1.2bn in the summer.
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Coffee Day Enterprises has priced its Rp11.94bn ($183m) IPO at the top end of guidance, finding more than enough demand from investors. The deal’s success, particularly thanks to interest from institutional accounts, has paved the way for the next big Indian listing as InterGlobe Aviation gets ready to take off.
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Citi has revamped its Middle East and Africa debt capital markets coverage, which it hopes will bring "increased focus and efficiency" to its business.
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Markets may have contributed to falls in profits in the investment banking divisions of the US majors that reported third quarter results this week, but there were some silver linings among the clouds, including a year-on-year reduction in legal bills of billions of dollars between them.
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Deezer, the French music streaming service, opened the book for its IPO on Thursday morning, as the autumn’s busy season of flotations continues to produce successes, failures and deals that get done at weakened terms.
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Dollar pre-funding is unlikely to be a feature of the fourth quarter this year as crushed swap spreads and a lack of direction from the US Federal Reserve force out SSA borrowers.
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Senior SSA bankers are fretting that situations such as this week's clash between two Dutch agencies, which drove one of the pair to pull its deal, could become unavoidable, writes Craig McGlashan.
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Garfunkelux, the German debt collection company, on Thursday issued £795m of notes in the first sizeable European high yield issue for three weeks. Market participants are now eager to see if other issuers finally follow in its steps.
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Bank of Ireland and Caja Rural Unidas issued this week’s only two covered bonds from Europe’s periphery, both offering attractive concessions.
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As the primary US banks release earnings for the third quarter there is little sign of panic in options markets despite overwhelmingly negative expectations.