Citi
-
Realty Income Corp, the US real estate investor, made its debut in the green bond market on Thursday with a sterling deal, with the issuer pricing its first foray into the structure inside its own curve.
-
The Republic of Uzbekistan is seeking to capitalise on a successful dual currency bond it sold just months ago, by returning to the bond market to sell a dollar and Uzbek som bond that also includes a sustainable element.
-
Mike Lamb, a senior investment banker covering the insurance sector, has left Barclays to join Citi in a chairman role in London.
-
Indian unicorn Zomato, a food delivery service, has set the final terms for its up to Rp98.9bn ($1.32bn) IPO.
-
China Modern Dairy Holdings, a milk producer, has raised $500m from its first international bond.
-
Chinese toll road operator Zhejiang Expressway has sold its inaugural dollar bond, raising $470m.
-
Chinese securities house Shenwan Hongyuan Securities bagged $500m from its five year bond sale on Wednesday.
-
The disparity between ratings and spread levels was highlighted in the euro high grade corporate bond market on Wednesday, after German conglomerate JAB Holdings opened books on a deal 40bp wide of lower rated Italian utility A2A, despite the same maturity and size.
-
A trio of green labelled debuts attracted “slim” demand on Wednesday, as the three senior deals had to compete with a flurry of other trades for a slice of the shrinking pre-summer investor pool.
-
BOC Aviation, the aircraft leasing arm of Bank of China, has launched a $750m borrowing into general syndication.
-
Korea Gas Corp, a government-owned borrower, found ample support for its dual tranche $800m bond, with demand of more than $5bn during bookbuilding allowing the firm to price the notes around some fair value estimates, and well inside others.
-
JAB Holdings and Prosus have hired banks to run bond issues, adding to the barrage of corporate deals in the works before Europe's summer break.