Goldman Sachs

The European Union will look to return to the private placement market for the first time since July 2017 to kick-off its funding programme next year. The supranational was also able to take advantage of strong conditions — since weakened — at the start of the week to bring a public market transaction.

The Republic of Indonesia seized an opportunistic window after the G20 summit to raise $3bn in its annual dollar funding exercise. While the issuer’s timing was impeccable, it was still forced to pay a double-digit premium to attract cautious investors. Morgan Davis reports.

WuXi AppTec is set to raise about HK$7.9bn ($1.1bn) from pricing its Hong Kong listing at the mid-point of the indicative price range, according to a source close to the deal.

Zhuji Development, a Chinese local government financing vehicle from the Zhejiang province, has made its international bond debut with a well-anchored deal.

The European Union was the sole public sector borrower in the market on Tuesday, reopening its April 2033s in a week that bankers said is likely to be the “last very good window” for issuance before the end of the year.

Jefferies, which is in the process of a huge expansion of its emerging markets offering, has hired an ex-Goldman Sachs trader in New York.

China Vanke Co rode the positive momentum that followed the truce in the China and US trade war, raising $630m after an aggressive tightening in price. But the movements in the US Treasury market, including a curve inversion between three and five year notes, hit the secondary performance of the company’s bond.

Chinese online consumer lender 360 Finance is preparing to launch its New York Stock Exchange IPO on Wednesday, targeting around $100m, according to a source close to the deal.

The Republic of Indonesia managed to raise $3bn across three tranches of notes in its annual dollar funding exercise, but paid a double-digit premium to attract investors cautious about the sovereign credit.

Tencent Music Entertainment Group has begun bookbuilding for its long-awaited $1.23bn IPO in the US, around two months after first gauging investor appetite.

Nomura said it had appointed Ralson Roberts, formerly Goldman Sachs's co-head of EMEA execution services, as chief executive of Instinet, its agency brokerage unit.

Baidu’s video streaming platform iQiyi has raised $650m after pricing its bigger convertible bond at the investor friendly end of guidance.