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  • South Korean e-commerce firm Coupang is set for a multi-billion-dollar New York IPO — the first US listing from the country for a decade. The deal structure could appeal to other Korean start-ups, bankers said this week. Jonathan Breen reports.
  • Macrotech Developers, an Indian real estate company that was called Lodha Developers until mid-2019, has revived plans for a listing under its new name, three years after its last attempt at an IPO.
  • Charlie Jacobs, senior partner and chairman at law firm Linklaters, is set to become co-head of UK investment banking at JP Morgan.
  • The rush of Spac IPOs in Europe is continuing, with the launch of a new Frankfurt-listed cash shell backed by Klaus Hommels, focused on acquiring a company in the technology sector.
  • Two sizeable block trades priced on Tuesday evening demonstrated appetite for sell-downs after several quite weeks while companies were in earnings blackouts. Bankers expect more sales in the next few weeks as bullish equity investors line up to take on risk.
  • Italian payments company Nexi has issued a new €1bn convertible bond to refinance its acquisition of Nets, a Danish competitor.
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