Deutsche Bank
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Metinvest, the Ukrainian metals and mining company, has refinanced the bulk of its pre-export finance (PXF) facility through the loan market, though some of its lenders have switched out of the loan to buy its concurrently issued bonds.
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Real estate developer Vinhomes has launched bookbuilding for its D31.8tr ($1.4bn) listing, set to be Vietnam’s largest equity offering to date.
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Sweeping US tax code reforms could have a big impact on banks with intermediate holding companies in the US, perhaps forcing them to fund from the IHCs directly, rather than from their parent companies.
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Polyphor, the Swiss pharmaceutical company, began bookbuilding on Friday for its IPO on the SIX Swiss Exchange, with a price range that values it at up to Sfr401m.
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Hanover has become the first city to issue a green Schuldschein. The hope is that this transaction will be the first of many.
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Deutsche Bank said on Wednesday that it had launched a new artificial intelligence tool called alpha-DIG, to comb unstructured, text-based information and help investors incorporate more non-financial factors into their analysis. The tool will use legitimate financial news rather than social media sources, as well as looking at corporate reporting.
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Mining company Polymetal has converted an existing $80m bilateral credit facility with ING into a sustainability-linked loan. It is the first loan market activity from Russia since the US announced a fresh round of sanctions against some of the country’s oligarchs.
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Higher oil prices, a new governing regime and an agreement with the International Monetary Fund are all expected to fire up demand for the Republic of Angola’s first Eurobond since 2015, though there is a question mark over how receptive the market will be for long dated debt.
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Jefferies has hired a veteran M&A banker from Deutsche Bank to join its power and infrastructure utilities team.
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Techcombank priced Vietnam’s largest ever IPO this week at the top of guidance, raising D21tr ($922m).
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Karen Pang, an equity-linked banker based in Hong Kong, has left BNP Paribas for a new role in Deutsche Bank, according to two sources with knowledge of the move.
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GlobalCapital met a senior banker at a rival firm this week, who, when asked what he’d do as chief executive of Deutsche Bank, mimed placing a gun to his temple. Chief executive Christian Sewing has been in the job less than a month, and has opted to turn his gun on the bank’s US business instead.