Citi
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The dim sum bond market is set to welcome a new name with technology giant Lenovo Group opening books to an up to Rmb3.5bn ($574m) offering on June 3. -
Spain and Council of Europe Development Bank hit the long end of the curve in euros on Tuesday ahead of a Greek debt repayment deadline later this week.
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Innocean Worldwide Inc, the advertising arm of South Korea’s Hyundai Group, has started the ball rolling on its IPO, testing investor demand for a $300m deal on Tuesday.
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Korea's Woori Bank has announced what will be the first Basel III additional tier one (AT1) from a non-Chinese bank in Asia ex-Japan. As a first of its kind bankers are given investors time to consider the structure and give feedback on pricing ahead of opening books.
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Citi has named seasoned traveller and Citi veteran Aftab Ahmed as Citi country officer for the Philippines. The move comes as the current Citi country officer, Batara Sianturi transfers to Citi Indonesia to serve as its country head.
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Logistics facility provider Global Logistic Properties (GLP) completed its debut outing in the dollar bond market in style, raising $1bn from a Reg S 10 year trade. Despite its first appearance, the company’s niche sector and link to GIC provided enough comfort to investors.
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The Democratic Socialist Republic of Sri Lanka made a well-received return to the international bond market on May 28, pricing a $650m 10 year bond inside its existing curve.
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China Railway Signal & Communication Corp (CRSC), the rail traffic control systems giant, has put up its draft prospectus with the Hong Kong Stock Exchange in an IPO that could raise up to $2bn.
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Credit trading desks at banks have been swept by a tornado of job moves, as financial institutions specialists leave or jump to rival firms in a scramble to survive in a shrinking market.
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Home Depot and Time Warner led a flurry of corporate borrowers on Thursday as the dollar market closed in on a record month for issuance.
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Equity capital markets specialists watched wild trading in the shares and rights of Banca Monte dei Paschi this week, after the rights to subscribe for its capital increase began trading on Monday.
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