Credit Suisse
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Croatia’s Uljanik Plovidba has hammered out a loan refinancing that includes “significant” debt relief, throwing a lifeline to the cash-strapped ship builder.
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The first two major IPOs of the autumn, Funding Circle and SIG Combibloc, have both stayed above water in trading.
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The Independent State of Papua New Guinea made its much anticipated debut in the international debt market on Thursday, selling a $500m bond after years of flirting with investors.
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Metropolis Healthcare has filed a draft red herring prospectus for an IPO with the Indian markets regulator, more than two years after it first hired banks for the deal.
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Sulzer sold Sfr460m ($470.6m) of Swiss franc bonds on Thursday, just months after the Swiss maker of industrial machinery raised Sfr400m across two and five years. This makes it the largest triple-B issuer of Swiss franc bonds so far this year.
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Corporate dollar bond issuance ended a bumper month with a whimper as borrowers fought shy either side of the Fed’s September meeting.
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German publishing company Bertelsmann returned to the euro corporate bond market on Tuesday to re-market a deal it had pulled in May after setting the spread. This time the issuer priced the transaction at what was seen as a more realistic spread, but the high premium was in part due to the illiquidity of the secondary curve.
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Cifi Holdings Group Co added $300m to its existing 2022 bonds on Wednesday as it got ahead of the expected supply pipeline, but the real estate company was forced to pay a juicy premium for the deal.
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Credit Suisse has expanded its algorithmic pricing platform to provide instantaneous, algorithmically generated prices for 1,000 high yield bonds.
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Nomura has made several appointments to its flow rates trading and sales operation in Europe, the Middle East and Africa.
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Chinese scooter maker Niu Technologies is planning to float on the Nasdaq for up to $150m, filing a prospectus with the US regulator on Monday.
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German publishing company Bertelsmann returned to the euro corporate bond market on Tuesday to remarket a deal it had pulled in May after setting the spread. This time the issuer priced the transaction, but it had to pay a much larger new issue premium than others have done on recent deals.