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◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal
◆ Predictions for Gulf issuance change shape again ◆ Investment grade firms to pick tricky path through autumn ◆ The Alphabet effect: hyperscalers hit Kangaroo market
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Mattress maker Zinus is planning to launch its up to W271.9bn ($228.8m) IPO in South Korea in October, according to a source close to the deal.
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A former director of research at CLSA has joined UBS Investment Research as a managing director, according to a note from the Swiss bank.
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Axis Bank is looking to raise Rp100bn ($1.4bn) from a primary share sale to boost its capital adequacy ratio, according to sources close to the deal.
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Challenges are rife across the banking industry in the Gulf. As banks struggle to keep up with technological innovation and the growth of foreign competition, domestic players told GlobalCapital what needs to be done to combat these existential threats.
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The Export-Import Bank of Korea (Kexim) turned to the Taiwanese market to raise Australian dollars, after finding a receptive audience for the currency.
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In this round-up, deputy-level trade negotiators from China and the US have met, the People’s Bank of China left the medium-term lending facility rate unchanged and the Shanghai government issued more measures to attract foreign investment.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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European Investment Bank: Supporting sustainable development in North Africa