Deutsche Bank

A pair of European banks took advantage of a window of issuance before the US holiday lull this week to price new dollar benchmarks.

The slide in the oil price this year is prompting several oil producing sovereigns, including Iraq, to rethink and bring forward their plans in the capital markets. Francesca Young reports.

An Iraq sovereign bond deal looms ever closer, but is not expected to open the floodgates for bonds from other entities from the region.

Matrimony.com, a provider of online matchmaking services in India, has filed for a listing to raise Rp3.5bn ($53.7m) in new equity, and appointed Citi, Deutsche Bank and Kotak Mahindra Capital as its lead banks.

International Container Terminal Services (ICTSI) provided a breath of fresh air to Asia’s bond market with its $450m perpetual deal. The lack of issuance this year from Philippine borrowers worked in the company’s favour, but SMC Global Power Holdings Corp’s quick follow-up had to endure a turn of sentiment in the market.

Eurofima has added to a 2025 Kangaroo line and more long dated taps in Australian dollars from other issuers are expected, say niche currency bankers.

Apax is acquiring a majority stake in FullBeauty Brands, the US plus-size fashion retailer, and has obtained the commitment of four banks to the deal’s debt financing.

Shell returned to the Swiss franc market for the first time in nearly a decade on Monday with the largest trade ever in the currency from an international corporate.

Apple on Monday looked set to add yet another currency to its rapidly growing portfolio after mandating for investor calls ahead of a potential Australian dollar debut.

The collapse of Afren, the once-proud London-listed oil exploration and production company with three bond issues to its name, is a shocking reminder of the risks investors face in emerging markets, and of how even some of the most sophisticated players in financial markets can get things drastically wrong.

Bain Capital-owned Wittur, the German lift components producer, has alerted lenders that a financing package backing its merger with Sematic is on the way.

FMS-Wertmanagement, the German wind-up agency, nipped in to print a four year floating rate note on Thursday.