Credit Suisse
-
The Islamic Republic of Pakistan has raised the size of its loan to $200m from $150m as one more lender joined with a chunky commitment. -
The shareholders offloading some of their stakes in Indonesia’s Link Net raised Rph5.5tr ($455m) on Friday night via a deal that saw a big chunk of the book go to cornerstones and the top 10 investors.
-
Rhiag, the Italian car parts distributor, has priced a €50m tap of its €215m 2020 bond at par.
-
The shareholders selling some of their holdings in Indonesia’s Link Net have cut the size of their trade by 32% to Rph5.5tr ($460m), after volatile market conditions dampened investor appetite.
-
Tata Motors (TML) delivered a top quality drive-by bond on Thursday. Not only did the 5.5 year offering prove so popular that 317 investors were biting the issuer's arm 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.
-
-
Credit Suisse has been on the road less travelled. Over the past few years, the bank has analysed how to manage an investment bank, overhauling recruitment, talent management, and performance. With the European fee pot turning, the work looks like it is paying off.
-
A pair of borrowers braved dollar issuance this week after volatility in US Treasuries last week led to a pair of undersubscribed deals. But so far the market recovery has taken the shape of a pair of ultra conservative German borrowers at the short end of the curve. Bankers will have to wait until next week to see an issuer test demand in the belly of the curve.
-
Tata Motors (TML) is looking to defy the poor performance of Indian high yield credit and is in the market with a 5.5 year dollar bond. Despite Thursday being a national holiday in India for Diwali, bankers said that the borrower was keen to take advantage of a constructive window amid recent volatility, and books are building well.
-
Luxury goods retailer SSI Group has raised Ps6.5bn ($146m) by pricing its IPO at the top of the range, with the rarity value of Philippine deals leading to books being multiple times covered.
-
Indonesian taxi operator Blue Bird Group became a victim of weak global market conditions last week, which forced it to shrink its IPO by 33% despite books being covered within hours of launch.
-
Tata Motors (TML) is looking to defy the poor performance of Indian high yield credit and is in the market with a 5.5 year dollar bond. Despite Thursday being a national holiday in India for Diwali, bankers said that the borrower was keen to take advantage of a constructive window amid recent volatility, and books are building well.
