Europe
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Two recent studies have added to the growing body of research that points to a surge in green covered bond issuance following the implementation of the EU's Taxonomy of Sustainable Activities.
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Hogan Lovells is looking to build a Belgian banking and capital markets practice around a group of five lawyers who were previously at PwC Legal.
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Pepco, the Polish discount retail group, has priced its IPO on the Warsaw Stock Exchange at Z40 a share, valuing the company at Z23.0bn (€5.1bn).
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MAS Real Estate is the latest emerging markets issuer to have issued paper linked to environmental, social or governance factors. However, EM investors are demanding more ESG paper to match the levels seen in developed markets.
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Marex, the commodities dealer, has launched a London IPO hoping to cash in from the increasing demand for commodities exposure. Bankers on the deal know that they are launching into a tough IPO market but hope a small deal size and strong sectoral trends will support the transaction.
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Citi has replaced the former head of its EMEA alternative assets group with a promotion from within, Theo Giatrakos, who will work alongside a newly hired chairman, Didier Denat, the former head of corporate banking at Credit Suisse.
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Suse, the German open-source software company, has narrowed the price range for its €1bn IPO on the Frankfurt Stock Exchange.
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Tuesday's €750m 10 year covered bond from ASB Finance demonstrated commitment to the market according to the bank's Treasurer, Chandu Bhindi, who spoke to GlobalCapital about the deal on Thursday.
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Turkish companies and banks are succeeding in raising funds in international debt markets, even as the country strays near the edge of an economic precipice and experienced investors view Turkish risk with disdain.
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Several SSA borrowers hit the market in dollars this week, with most achieving strong results in spite of the sharp moves in the underlying rates market.