Credit Suisse

Market participants are bracing themselves for an onslaught of bank capital deals in the coming weeks after another member of China’s big four banks – China Construction Bank (CCB) – announced it will be meeting investors for a CNH tier two trade.

Louis Dreyfus — Geberit — Heathrow — Arkema

The $500m five year, non-callable senior bond Jaguar Land Rover sold on Tuesday began trading up at 100.75, gathering investor interest in a market environment that “is only now becoming more stable”, said the company’s treasurer.

Jastrzębska Spółka Węglowa, the largest EU coking coal producer, has yet to announce the size and shape of its proposed bond issue, though it finished a seven day roadshow on Tuesday - leading some to wonder if the deal was struggling to gain traction.

Tata Motors (TML) delivered a top quality drive-by bond on October 23. Not only did the 5.5 year offering prove so popular that 317 investors were biting the issuer's hand off to get an allocation, but TML was also able to meet a price target that bankers said was demanding, as well as extend its maturity profile by issuing an additional last minute 10 year bond.

The shareholders offloading some of their stakes in Indonesia’s Link Net raised Rph5.5tr ($455m) on October 24 via a deal that saw a big chunk of the book go to cornerstones and the top 10 investors. Despite the presence of a strong set of cornerstones, the final deal size was truncated by more than 30% due to poor investor sentiment.

Indian power utility company CESC raised Rp4.91bn ($80m) from a qualified institutional placement on Tuesday night, with demand strong enough for the group to exercise its entire greenshoe option. But the deal was still lower than the $150m approval that the company obtained in September.

Jasmine International Public Company, which is setting up an infrastructure fund for its broadband internet business, plans to begin investor education next week for the roughly $1bn Thailand IPO.

GTech, the Italian gambling technology firm that used to be called Lottomatica, has slimmed down its $10.7bn bridge loan for its acquisition of International Game Technology of the US to $10.2bn.

Indian power utility company CESC raised Rp4.91bn ($80m) from a qualified institutional placement on Tuesday night, with demand strong enough for the group to exercise its entire greenshoe option.

Chinese casual restaurant chain, Xiabuxiabu, has filed a preliminary prospectus with the Hong Kong Stock Exchange. The company aims to raise between $100m and $200m, a banker close to the deal said.

Jaguar Land Rover, the UK car manufacturer owned by India’s Tata Group, has launched a $500m intraday bond issue on Tuesday.