Goldman Sachs

The Republic of Angola has tapped the $1.25bn 9.375% 2048s it sold in May for a further $500m, marking the first dollar bond printed in the CEEMEA market for over a month. The deal was anchored by reverse enquiry.

Chinese start-up Pinduoduo, a challenger to e-commerce giant Alibaba Group, has launched bookbuilding for an up to $1.63bn IPO of American Depository Shares.

Cango, a Chinese online marketplace for vehicle sales, has started bookbuilding for its $150m IPO on the New York Stock Exchange.

French telecoms firm Altice called on the high yield bond and leveraged loan markets with a €4bn cross-border refinancing deal this week, hoping that improved quarterly results would help investors shake off the apprehension they showed for the credit in March.

EQT is merging its hearing aid firm, Sivantos, with Danish peer Widex. The largest leg of its funding, a €2.6bn credit facility, has been launched in the leveraged loan market, which is digesting multi-billion deals again.

Chinese firm Aurora Mobile, also known as Jiguang, has kicked off the roadshow for its up to $126m Nasdaq IPO.

Health and Happiness International Holdings has launched its $350m dual-currency loan into limited syndication.

The euro high yield bond pipeline brought five deals to the market this week, as secondary yield spreads and payoff expectations tightened, partially reversing recent trends.

Idorsia, the Swiss biopharmaceutical company, has raised Sfr505m ($503.82m) to finance advanced clinical trials after a simultaneous share and convertible bond sale overnight in Zurich.

German property company Aroundtown raised funding in a fifth different currency of 2018 on Wednesday, when it saw an opportunity to issue corporate bonds more cheaply in sterling than in euros.

Goldman Sachs has poached Bank of America Merrill Lynch banker Darius Naraghi, a managing director with the firm’s equity capital markets team.

The former global head of commodity futures sales at Goldman Sachs, Joe Raia, has joined privately owned futures brokerage R.J. O'Brien and Associates (RJO).