Deutsche Bank
-
Gazprom showed up in the Swiss franc bond market on Wednesday attracting enough Russian buyers to help it pay its lowest ever coupon in the currency. The energy company gathered a wide variety of investors, from Switzerland and Russia, retail and institutions, for the deal.
-
The European Commission handed investors in additional tier one (AT1) a boost this week when it gave explicit preference to payment of coupons on the paper over dividend payments and bonus accruals.
-
The Philippine subsidiary of US restaurant chain Shakey’s Pizza opened books on Thursday for an IPO that could raise Ps3.5bn ($70.1m).
-
The UK Debt Management Office will have to raise an additional £20.6bn this financial year, including an extra syndication, following the announcement of the government’s borrowing plans in Wednesday’s autumn statement by chancellor of the exchequer, Philip Hammond.
-
After defence stocks emerged as a winning sector after Donald Trump’s victory in the US presidential election on November 9, the French government took the opportunity on Tuesday night to sell a 1.39% stake in Safran, the French aerospace and defence group, for €365m.
-
Gazprom gave convincing evidence that lightning can strike twice on Wednesday, offering its second bond to the Swiss franc market in the past eight months. The bond attracted heavy international interest –– a rarity in the market this year.
-
The momentum in the equity block trade market since the US presidential election has continued this week, with nearly $1.4bn of issuance, as vendors rush to sell assets before the loss of US distribution for the Thanksgiving holiday on Thursday.
-
Studio City Company, which runs a gambling and entertainment resort in Macau, hit the jackpot on Tuesday as US investors poured money into both tranches of the company’s new bond.
-
SES, the Luxembourg-based satellite operator, issued its second hybrid bond of the year on Tuesday as it pounced on a calm day in the euro corporate bond market and captured an increase in risk sentiment.
-
Shares in Banco Sabadell, the Spanish banking group, fell 6% on Tuesday morning after Colombian billionaire Jaime Gilinski sold part of his stake for €202m through an accelerated bookbuild led by Deutsche Bank.
-
The Asian debt market stepped up a gear Tuesday with a number of new launches and mandates, as issuers navigate the volatility and try to wrap up their fundraisings before key holidays and the end of the year.
-
VietJet Air has started seeking investor interest for its potential $200m domestic IPO, according to bankers close to the deal.