Goldman Sachs
-
Latam Airlines returned to the bond market for the first time in almost two years, printing $600m of seven year paper. -
Paraguay came to market on Monday for a 30 year bond on Monday, picking three banks to run the books for its longest bond ever.
-
The European Investment Bank on Monday selected the five year part of the curve for its second euro benchmark of the year. The issuer will be hoping to replicate the recent success of public sector agencies in that tenor, including KfW, which achieved a record breaking book for its five year last week.
-
Goldman Sachs has launched syndication of the acquisition financing supporting TPG and Beaver-Visitec International’s purchase of PhysIOL Group, with a €450m seven year senior secured first lien on offer.
-
Goldman Sachs has held off from rewarding some retired executives compensation until “more information is available” on the 1Malaysia Development Berhad scandal.
-
-
-
Euro agencies favoured fives over the last seven days, as KfW smashed its order record and a pair of French agencies brought taps at sizes multiple times their target. With some SSA bankers saying conditions are the best they have ever seen, supply looks likely to keep coming.
-
Greece’s impressive return to the public bond markets this week has set the perfect backdrop for further syndication in 2019, which bankers say could be a 10 year, a maturity it has not tested since its 2014 post-bailout comeback. The big bid for eurozone periphery debt could also see Greek and Italian banks sell covered bonds in the near future, according to market participants. Burhan Khadbai and Bill Thornhill report.
-
Chinese electric car company Nio made a splash in the US convertible bond market this week, raising $650m from its debut issuance and using a call spread feature to engineer a tasty premium. Jonathan Breen reports.
-
Nio, the Chinese electric car company, has launched bookbuilding for a convertible bond that will be worth as much as $650m, according to a source close to the deal.
-
KfW brought yet another record breaking trade to the SSA market in 2019, printing a five year euro benchmark whose order book volume was an all-time high for the issuer.
