Credit Suisse
-
Investors wasted no time posting orders for Sparebank Vest Boligkreditt’s covered bond issued on Tuesday, a deal which ticked all the right boxes for maturity and spread, despite concerns from Moody's about the sustainability of Norwegian house prices.
-
Star Energy Geothermal has enlisted three lenders for a $660m dual tranche loan that will go partly towards funding the company’s purchase of a stake in Chevron’s Indonesian assets.
-
E-book publisher China Reading and fintech firm Guangdong Wangjin Holdings Technology Co are looking to list in Hong Kong this year, according to sources familiar with their plans.
-
Detsky Mir, the Russian toy retailer, has revised the price range for its Rb21.1bn ($350m) Moscow IPO to Rb85 to Rb90 a share, the bottom end of the initial Rb85 to Rb105 range.
-
Shares in Banco Comercial Português rose as much as 9.3% on Monday after it announced late on Friday the successful completion of its €1.33bn rights issue to strengthen its core tier one capital ratio and finance the redemption of contingent convertible bonds owned by the Portuguese government.
-
Italian eyewear maker Marcolin entered a quiet European high yield market on Tuesday, announcing a roadshow starting on Wednesday for €250m of floating rate notes after signing a joint venture with LVMH.
-
Xella increased its €1.4bn buyout term loan for a second time on Thursday morning, adding another €50m in lieu of a proposed shareholder loan, while US software firm Infor did the same on its €750m term loan.
-
Europe’s equity block trade market kicked into a higher gear this week, with a rush of deals including big trades in Lonza, Worldpay and Dong Energy. The Dong trade on Thursday night, worth Dkr6.5bn (€874m), pushes the week’s total above €3bn.
-
The European IPO market is getting busier, with several deals launched this week, and another close to being priced.
-
MET Group, the Swiss headquartered multinational energy firm, closed a €560m dual-tranche revolver on Wednesday evening that bankers said will be used to shore up its enterprises in eastern Europe.
-
The IPO of Detsky Mir, Russia's largest toy retailer, is covered. It is set to be priced on Tuesday.
-
Tuesday night brought fireworks in the blocks market, with a wave of primary and secondary offerings, including a Sfr865m acquisition financing by a Swiss pharmaceutical.