Credit Suisse
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Port operator Pelabuhan Indonesia III, also known as Pelindo III, is set to start meetings with investors in Asia, Europe and the US for an inaugural dollar issue.
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Chinese consumer products maker Reignwood Group has launched its $160m debut offshore syndication with Credit Suisse as the sole bookrunner. The loan is backed by two guarantees from the company’s onshore operations.
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China's Alibaba Group has thrown open its long awaited $21.13bn New York IPO, with a deal that is likely to be not only the biggest US listing ever but could also break the record for the biggest IPO globally.
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Aigües de Barcelona has closed the books on its first bond since its creation in 2013 as a joint enterprise between water distributor Agbar and the local government. Despite its small size, the bond attracted a wide range of Spanish and international investors.
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West China Cement marked a successful return to the bond market on September 4 by pricing a five year non-call three deal well through its closest comparable — Yingde Gases Investment. The bond was built on the back of strong anchor support, which was surprising given the predicament the Chinese cement industry finds itself in.
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The last of China’s big four asset managers is set to enter the dollar bond market as China Great Wall has mandated banks for a standby letter of credit (SBLC) backed bond.
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China Auto Rental opened books for a HK$3.62bn ($467m) IPO on Friday morning, in what is the company’s second attempt at a listing after being forced to pull its deal two years ago.
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Santander and UniCredit reopened the door to the additional tier one market this week only to find what lay behind it was a very different dynamic from the one borrowers experienced before summer. An expected burst of supply is on the way and historically low coupons are causing investors to shy away from the AT1 from major European banks.
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Issuers hedging exposures to credit-linked notes using credit default swaps may find they are subject to higher capital charges after Sept. 22, when a new set of definitions governing the terms of a credit event come into play.
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Books opened on Thursday for Aigües de Barcelona's €200m bond issue. The company has opted for a seven year tenor, and is expected to close the sale on Friday morning.
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European investment banks have managed to stem a decline in market share, making progress on capital and leverage targets, according to research from Deutsche Bank. The note, a outlook of the next 10 years in investment banking, also finds that a wide range of approaches means well-managed banks can prosper.
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West China Cement is out in the market with on new dollar bond. Leads say that books were already covered prior to announcement after strong anchor orders came in during the roadshow.