Credit Suisse
-
China's Evergrande Real Estate Group navigated cautious markets and a rating downgrade on Monday with a reverse enquiry-driven bond that came with a fixed price. Bankers on the deal said it was a win-win for both the issuer and investors, given the volatile conditions.
-
General Mills, the US food company, on Monday became the second issuer of the year in the European corporate bond market, printing a €500m floating rate note.
-
Infinitas, the educational publisher, will hold bank meetings on Thursday for a €435m senior secured debt package backing its acquisition by Compass Partners from Bridgepoint.
-
B&B Hotels, France’s third largest budget hotels group, launched a covenant-lite senior term loan to early birds this week, backing its €800m buyout by PAI Partners from the Carlyle Group and Montefiore Investment.
-
Atalian Global, the French facilities management company, on Monday opened the first roadshow of 2016 for a high yield bond in Europe, as it announced the acquisition of US peer Temco Facility Services.
-
Intesa Sanpaolo is set to print the first additional tier one transaction of 2016 after opening the dollar tier two market for European banks last week, while ABN Amro opened the euro bank capital market on Monday.
-
China's Evergrande Real Estate Group started bookbuilding for a new 2019 offering with a fixed price on January 11. The deal comes amid Moody's announcement that it has downgraded the issuer and its debt because of increased financial risk.
-
India’s IDBI Bank has named a group of seven banks to manage a qualified institutional placement, according to a source involved in the transaction.
-
Jabez Private Equity Fund I offloaded the remainder of its holdings in South Korea’s Hyundai Securities Co on Thursday, fetching W115bn ($96m) from the fixed price offering.
-
Hsin Chong Construction Group is meeting fixed income investors to gauge interest for what would be its second dollar bond.
-
As news of the UK and US investigation into SSA market trading practices broke, the SSA market split over whether the banks at the heart of the probe would lose primary business.
-
In the wake of the news that four traders at different banks were under investigation by US and UK authorities over possible sharing of client flow information, senior bankers were quick to blame the structures of the market, and pressure from issuers focused on turnover statistics, for making it possible.