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The bank is considering bond issuance in currencies other than the euro
◆ 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
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The decision of China’s exchanges to bar mainland investors from dual-class stocks may not seem like much in the grand scheme of things, but it is the darkest moment for China's market reform path since the infamous summer of 2015. -
IT service provider Lotte Data Communication is on track to raise W127.7bn ($113.5m) after pricing its IPO close to the bottom of guidance.
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Renhe Commercial Holdings’ HK$2.2bn ($274.3m) rights issue was slightly undersubscribed, forcing its major shareholder to pick up the slack.
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E-House China Enterprise Holdings has priced its Hong Kong IPO at the bottom of expectations, raising HK$4.6bn ($591m) at a single-digit valuation.
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Chinese start-up Pinduoduo, a challenger to e-commerce giant Alibaba Group, has launched bookbuilding for an up to $1.63bn IPO of American Depository Shares.
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Cango, a Chinese online marketplace for vehicle sales, has started bookbuilding for its $150m IPO on the New York Stock Exchange.
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