Deutsche Bank
-
Banco Popular Español postponed the sale of its second additional tier one (AT1) deal after launching the deal into a sell-off in the AT1 market that became progressively worse over the course of the morning. The Spanish bank was looking to sell the transaction at a level market participants said was surprisingly aggressive.
-
Chinese passenger vehicle manufacturer BAIC Motor Corp has filed its preliminary prospectus for a Hong Kong IPO, in a deal that will raise between $1.5bn and $2bn.
-
Deutsche Bank is set to hire BNP Paribas's Vikram Gandhi for its capital structuring team.
-
DBS Group has opened guidance on a new senior dollar bond. Bookrunners DBS, Citi, Deutsche Bank and Goldman Sachs announced guidance for the five year bullet in the high 60s on the morning of July 9.
-
Brazilian development bank Caixa Econômica Federal is set to return to the bond market with Basel III compliant subordinated tier two trade after mandating banks for a roadshow set to start on Wednesday.
-
Ferrovial, the Spanish company that calls itself the world’s leading private investor in transport infrastructure, issued a €300m 10 year bond on Tuesday, in a tough market.
-
The longevity swap market has seen increased volume within the last four months, with between four-to-five transactions being placed.
-
Scentre, the new Australian listed property company that holds the Westfield Group’s Australian and New Zealand shopping centres, issued its first bonds today, and turned to the European market. Despite a weak day, it exceeded its target of €2bn, finding strong demand for a rare four tranche issue in euros and sterling.
-
Private healthcare group Generale de Santé will hold a bank meeting this week for a €1.75bn loan to back its takeover by Ramsay Santé.
-
ONGC Videsh kept investors guessing with its latest bond deal, launching in dollars but adding a last minute euro ticket – its debut in the currency. The $2.2bn through the triple tranche dual currency bond ranks as the largest G3 offering by an Indian name, with the euro tranche driving tighter pricing on the dollar legs.
-
Galp Energia, the Portuguese oil and gas company, issued on Monday its first bond since November, and was able to tighten the pricing to a slim new issue premium despite cool markets.
-
Carrefour, the French supermarket group, launched its first bond issue on Monday for over a year. Despite markets being weaker than last week, the deal attracted a much bigger book than any of last week’s issues.