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Bond set to be priced at implied vol above secondaries
Bpifrance pounces to sell Technip block after shares leap
Issuer’s second deal followed upward revision to Ebitda guidance
Semiconductor equipment firm pounces after raising profit guidance
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China Mengniu Dairy has sealed a $194.8m exchangeable bond following a strong response from investors during wall-crossing, according to a source close to the deal.
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Steven Halperin, co-head of EMEA equity capital markets at Barclays Capital, is leaving that job and will return to the US, to a different role at Barclays. He is already spending more of his time in the US.
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Indonesian coal miner Bumi Resources has set the shareholder entitlement for its Rph35.1tr ($2.6bn) fundraising plans, which include a rights offer and the sale of mandatory convertible bonds.
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A seasoned equity-linked banker formerly with several bulge bracket firms in Hong Kong has moved to a local brokerage.
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Edra Global Energy, the Malaysian power producer owned by China General Nuclear Power Corp, is understood to be seeking banks for a potential IPO – though in an intriguing fashion.
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Kailash Soni is expected to join Goldman Sachs later this year as head of ECM for India, sources close to the matter said.