Deutsche Bank

Exotix, a research firm and investment bank has made three senior hires to expand business in frontier markets.

Italian telecoms firm Wind called on the high yield market on Wednesday, as it planned to refinance most of its debt with a dual currency five tranche offering, deploying 20 bookrunners in the process.

French car hire group Europcar opened the high yield bond primary market on Monday with new debt to fund the acquisition of Spanish peer Goldcar, demonstrating how little investors are worrying about the escalating crisis between Catalonia and Spain over the former's push for independence.

Four Chinese corporations priced a total of $1.175bn of bonds on Tuesday, the day before the start of the Communist Party’s five-yearly congress.

Hapag-Lloyd, the German container shipping company, has raised €352m to reduce its debt after its one-for-14 rights issue won a high take-up from its shareholders.

Surteco, a German plastics manufacturer, doubled its initial €100m deal size, entering the Schuldschein market to refinance the acquisition of Probos, and used additional demand to repay an existing US private placement.

Chinese commodity trader Tewoo Group and retail chain operator Maoye International Holdings are in the market with bonds of less than a year, getting ahead of the Chinese Communist Party’s National Congress meeting that will kick off from Wednesday.

Malaysia’s Press Metal Aluminium Holdings has mandated banks for its maiden foray into the dollar bond market.

UK grocer Tesco and US telecoms company Verizon both announced tender offers for some of their outstanding bonds in euros and sterling. Tesco is offering to buy up to £700m equivalent, while Verizon will confirm the size of its repurchase once it has sold new euro and sterling bonds.

It is barely six months since Mongolia pulled off a daring debt exchange after the country’s finances — and its credit rating — fell into disrepair. But the new government is now planning a full return to the debt market, having picked three global banks to help ease a passage to the market.

Vincom Retail covered books within hours of starting to take orders for its IPO, which could raise D15.4tr ($677.9m), a huge deal by the usual standards of Vietnam’s domestic equity market.

CVC has made two unitranche loans in the Netherlands, to Voogd & Voogd and Berning, amid busy activity in leveraged debt markets of all kinds.