Citi

Hella Hueck, the family-owned German car lighting and electronics maker, has set the price range on 5.75m of its shares at between €25 and €28, or €144m at the bottom of the range.

The Province of Trento’s funding arm Cassa del Trentino came to market early with a long dated medium term note to take advantage of strong performance in Italian government bonds. Meanwhile, Cassa Depositi e Prestiti mandated banks for a roadshow.

Ireland is this week set to price its longest-dated benchmark since its international bailout in 2010. Proceeds, coincidentally, are earmarked to pay off one of its bailout creditors. Fellow eurozone periphery countries Spain and Greece will join Ireland in the market this week with auctions.

Combined books for Kazmunaigas’s dual tranche $1.5bn dollar bond had reached $9bn at their peak before pricing on Friday inside its own curve, despite KMG having cut the change of control clause in its bond documentation to 75% state ownership.

Cheil Industries, the de facto holding company of South Korean conglomerate Samsung Group, started pre-deal investor education for its W1.52tr ($1.4bn) IPO on Monday, November 3, with bookbuilding set to begin at the end of the month.

Hella Hueck, the family-owned German car lighting and electronics maker, today (Friday) completed a preliminary sale of shares that will allow it to complete its IPO next week.

Kazmunaigas has tightened priced guidance for its dual tranche dollar bond and books are “well over $5bn”, according to an origination official on the deal.

Samsung SDS has priced its W1.2tr ($1.1bn) IPO at the top of the range with books heavily oversubscribed at close. The success of the trade has paved the way for the next big South Korean listing — that of Cheil Industries, which said on October 31 that it is looking to raise W1.52tr.

China Construction Bank International (Holdings) is in the market for a $100m three year loan with one mandated lead arranger and bookrunner.

The Indian high yield pipeline continues with JSW Steel which has announced roadshow dates for its inaugural international bond.

CVC and Blackstone’s block sale of £260m of Merlin Entertainments stock struggled to gather momentum on Wednesday evening, but support from long-only UK investors the following morning dragged the deal across the line just in time for start of trading.

The World Bank was busy in local currencies this week, printing its first deal in Mexican pesos this year and doubling the size of an 11 year Kangaroo bond.