Goldman Sachs

The European Financial Stability Facility (EFSF) will launch its fourth quarter issuance programme with a new six year benchmark, sharing investors’ screens with a 10 year deal from Dexia.

Sea, the e-sports giant formerly known as Garena, opened the books for its $695.8m US IPO on Monday, after adding a group of southeast Asian banks as underwriters.

Befesa, the Spanish metals recycling group, has joined the queue of companies going public in Europe this autumn, having announced its intention to float on the Frankfurt Stock Exchange.

Goldman Sachs is looking to shake up the established order in corporate broking after making its second senior hire in three months.

TMF Group, the Dutch business services firm, has chosen the London Stock Exchange as the venue for its €340m-plus IPO.

Rating: A2/A+/A

Ireland has sold its first negative yielding bond, raising €4bn with a five year. The deal pulled in €10.1bn of orders, despite some trepidation over the developing situation between Catalonia and Spain.

Czech rental housing company Residomo is marketing a €680m seven year non-call three year senior secured bond that is expected to garner interest from global high yield accounts and emerging market investors.

The Wild West days are not over in the cryptocurrency market, but the shoots of a more civilised and reliable market are beginning to poke through.

Latin America DCM bankers saw Mexico’s latest bond issue priced with a negative new issue premium on Monday, though at one stage it looked like the deal could have come even further inside fair value as the $1.88bn sale was launched at the middle of the guidance range.

Shares in Hapag-Lloyd, the German container shipping line, are holding up well as the subscription period for its €352m rights issue begins.

Ireland returned to screens on Monday, mandating six banks for the sovereign’s first syndication since January. The proceeds from the issue will go to repaying the country’s remaining loans from the International Monetary Fund.