Goldman Sachs

A number of Chinese real estate companies kicked off their refinancing for 2020 on Monday, with higher rated issuers tapping longer-dated bonds and the weaker names actively engaging in liability management.

Chinese artificial intelligence company Megvii Technology is moving forward with its plan to list in Hong Kong, after getting the go-ahead from the city’s stock exchange, according to two sources close to the transaction.

The State of Israel was first out of the blocks for emerging markets bonds on Monday, as it announced a dual tranche dollar offering despite market participants' continued caution after the US assassination of Qassem Soleimani.

The end of 2019 was a bumper time for equity block trades in EMEA. After many of these accelerated trades generated strong, market-beating returns for investors, banks are hoping funds will have goodwill towards the market, supporting a strong start to 2020.

Guangzhou R&F Properties, a Hong Kong-listed Chinese real estate developer, raised HK$3.7bn ($475m) from a placement on Thursday evening in one of the last ECM deals of the year in the region.

Italian football club Juventus has finished its €300m rights issue, which is intended to strengthen its balance sheet after an annual loss in 2018.

Enagas, the Spanish natural gas transmission company, raised €500m of new capital market on Wednesday night to help fund its acquisition of a stake in US firm Tallgrass Energy.

Southpaw takes a sideways look at some of the big events that defined investment banking in 2019.

A €200m bond add-on for UK-based car maker Jaguar Land Rover, announced on Tuesday, follows €800m of unsecured notes issued in mid-November. Jaguar was drawn to a balmy post-election market that rewarded it with favourable pricing and encouraged it to increase the deal.

The US financial regulator has permanently barred former Goldman Sachs executive Tim Leissner from the securities industry, for his role in the 1MDB scandal.

Multiplex cinema chain Cineworld is betting on rapid expansion as it pours more billions into another North American acquisition. Cineworld, which is among the most shorted companies in the UK, plans to acquire Canadian competitor Cineplex in a $2.1bn deal financed by debt. This plan comes nine months after it made a $3.6bn acquisition in the US.

Ping An Group subsidiary OneConnect Financial Technology has raised $312m from a listing of American Depository Shares (ADS) after trimming and then increasing its IPO.