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  • Singapore’s Suntec real estate investment trust (Reit) sold its first convertible bond in three years on Thursday, raising S$300m ($223.1m) after exercising the full greenshoe on the deal.
  • Four banks have been shortlisted by an arm of the Indian government to sell off its stakes in 51 listed and unlisted companies, with the presentations taking place on August 12.
  • Dovish actions taken by the Bank of England last week, particularly its sterling corporate bond buying programme, helped send short dated credit and equity implied volatility near to their post-crisis lows, prompting traders to begin to roll out of short volatility trades and size up potential bumps in September.
  • Starwood European Real Estate Finance, the Guernsey domiciled closed-end investment fund focused on real estate debt, has completed a £73m ($94.78m) share placement on the London Stock Exchange.
  • Support for the London Stock Exchange and Deutsche Börse’s merger plans has solidified among the German exchange’s shareholders, with more than 75% having tendered their shares — crossing the original threshold set by management.
  • A secondary share sale in Filipino conglomerate GT Capital Holdings fetched Ps8.03bn ($172.14m) on Wednesday, with a shareholder cashing in just as the stock vaulted to a record high.
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