Deutsche Bank

Russian steelmaker Evraz has been in talks with banks for a syndicated loan for some time, but bankers said this week that the firm will likely stick to bilateral loans instead.

FCE Bank, the UK-based European financing arm of Ford, picked its timing to perfection for its fourth bond issue of the year, on Monday.

Shire, the UK pharmaceutical company, has agreed to acquire US biopharmaceuticals company Dyax for $5.9bn in cash. Deutsche Bank and Morgan Stanley are arranging financing.

The Republic of Macedonia has mandated Citi, Deutsche Bank and Erste Group to arrange a euro denominated bond.

Sri Lanka’s Bank of Ceylon, which last accessed the offshore loan market in 2013, is making a comeback for a new $100m borrowing.

Indonesia’s Summarecon Agung has pulled a planned $200m-$250m IPO of Summarecon Investment Property (SIP) at the eleventh hour to pursue a real estate investment trust (Reit) instead.

Daniel Ng, one of China Merchants Securities’ (CMS) most senior bankers and a veteran of the Hong Kong and China capital markets, is understood to have left the firm recently.

China’s newly launched Cross-border Interbank Payment System (CIPS) is fundamental to the internationalisation of the renminbi as it centralises liquidity and will save costs, says Marcus Sehr, global head of institutional cash, global transaction banking at Deutsche Bank.

Swiss insurer Ace Group printed the US market's biggest insurance deal of the year with a $5.3bn four trancher to help finance its $28.3bn acquisition of Chubb.

Procter & Gamble, the US consumer goods company, brought a €1.25bn bond issue to the European market on Tuesday, bringing life to an otherwise moribund reverse Yankee market.

Hapag-Lloyd and the banks leading its IPO are talking to key investors in the deal as they consider how to react to worsening sentiment towards container shipping stocks.

Between 600 and 700 meetings are scheduled to take place over the course of the investor education phase of ABN Amro’s initial public offering in Amsterdam.