Credit Suisse
-
Panamanian lender Global Bank is set to become the second financial from the country to tap the Swiss franc market on Tuesday, looking to appeal to Swiss retail investors with a juicy coupon for a modestly sized deal.
-
The Republic of Korea opened the books for a dual tranche dollar and euro denominated issue on Tuesday. The SEC registered deal is the first dual currency transaction from Korea and from an Asian sovereign since 2006. -
Zurich Insurance took to its home market on Monday to sell hybrid bonds, feeding Swiss investors’ demand for an asset class that has seen little supply in the first half of 2014. Dutch lender ABN Amro will also sell bonds on Monday, selling a floater at the short end of the curve.
-
Financiera Independencia (Findep) and Empresas ICA have both followed up new bond issues with strong responses to tender offers for outstanding notes as LatAm borrowers continue to capitalise on strong conditions and low rates to refinance existing debt.
-
Deoleo, the Spanish olive oil producer, has dropped the dollar tranche of its €600m refinancing loan, which will be allocated on Monday.
-
Improved sentiment towards the Chinese property sector and recent ratings upgrades helped Kaisa Group Holdings to attract a whopping $5.6bn order book for its second dollar issue of the year on Thursday.
-
Offshore supply vessel operator Icon Offshore opened books to its MR945m ($294m) IPO on May 30 with more than half the deal secured with cornerstones and only 9.8% of shares available for international investors.
-
If América Móvil can’t, no one can. That is the message from Latin American DCM bankers and bond buyers as the Mexican telco prepares to bring back local currency issuance to the region with the first reopening of its innovative títulos de crédito extranjero programme in more than a year.
-
Verizon Communications, the US mobile phone company, has launched an exchange offer, hoping to swap an old £600m bond with a coupon of 8.875% for new notes at a much lower rate.
-
Wells Fargo continued the slew of big ticket issuance from financial names with a $4.5bn deal that pushed its total dollar funding in the past six weeks beyond $8bn.
-
