Credit Suisse
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Do responsible investing, ESG and sustainable finance mean anything? If so, they must mean investors cannot buy Saudi Aramco’s IPO. When the world is desperately trying to cut carbon emissions, ploughing billions into a newly listed oil company is the definition of a backward step.
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Skandinaviska Enskilda Banken (SEB) got away without having to pay any sort of a premium for its debut non-preferred senior bond on Monday, despite having to compete for attention with Nordic peer OP Corporate Bank.
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Shanghai Fosun Pharmaceutical Group, which bought Indian company Gland Pharma in 2016, is planning to list the subsidiary on the National Stock Exchange of India and the BSE.
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US and Yankee banks returned to the dollar bond market in size this week, with JP Morgan looking to break a record with its pricing of preferred shares.
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French supermarket group Casino started marketing work for the bond it is relying on to unlock a new revolving credit facility, terming out its debt maturity and relieving some financial pressure.
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Chinese conglomerate Fosun International turned to Europe for its fundraising efforts this week, enticing investors to a €400m high yield rated bond.
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Credit Suisse’s head of loan syndication and distribution for Asia Pacific has left the bank, according to a source close to the situation.
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Rising power demand in Indonesia pushed state-owned Perusahaan Listrik Negara (PLN) to make a rapid return to the dollar bond market this week.
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Three Chinese real estate developers came to the bond market on Tuesday, raising a combined $1.25bn.
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Philippine company SMC Global Power Holdings Corp has priced its second senior perpetual bond of the year, raising $500m from a four times covered deal at a yield that met the issuer’s target.
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Chinese firms Lizhi and Phoenix Tree Holdings are each planning US IPOs of up to $100m, according to listing documents filed with the SEC.
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Bitcoin mining hardware maker Canaan has ditched a listing in Hong Kong SAR in favour of the US, filing for an up to $400m IPO of American Depository Shares (ADS) on Nasdaq.