Goldman Sachs

Three Chinese issuers went out to woo investors on Monday to get ahead of a potential boom in bond supply after announcements from the US Federal Reserve and Bank of Japan last week.

The blaze of equity block trades on Thursday night was well received, with important deals completed for CaixaBank and in shares of Veolia Environnement and Scout24.

Chinese data analytics firm Gridsum Holdings has raised $82m after global investors piled in to its Nasdaq IPO.

China Petrochemical Corp (Sinopec) sourced $3bn from a triple-tranche bond on Thursday, as the oil and gas giant’s credentials and frequency in the Asian G3 market paved the way for a successful trade.

Hong Kong is getting ready for a slew of $1bn-plus deals with China Resources Pharmaceutical Group preparing for its listing, as the city sees off the world’s largest IPO since 2014.

One of the biggest Chinese bad debt managers, China Cinda Asset Management, is set for a dollar-denominated Reg S additional tier one deal, marking the country’s first AT1 from a non-bank entity.

A trio of banks tapped the dollar market either side of the Fed meeting to lock in cheap financing in anticipation of tighter issuance windows in the coming weeks.

CaixaBank, the Barcelona-based retail bank, has launched a €1.3bn accelerated bookbuild this evening to sell a 9.9% stake in itself, as part of its move to take over Banco BPI of Portugal. The deal is one of four block trades in the European market this evening.

German industrial packaging firm Mauser launched a €537m term loan refinancing with a lender call on Thursday afternoon, while at the same time fellow German firm Orion Engineered Carbons was set to close its repricing request.

Postal Savings Bank of China (PSBC) made waves in the market this week, bringing its HK$57.6bn ($7.4bn) IPO in Hong Kong to a close as a third of investors were zeroed from the world’s biggest float in two years.

China Cinda Asset Management Co is set to be the first of the country’s four state-owned bad debt managers to hit the bank capital market for a dollar additional tier one trade.

China Petrochemical Corp, also known as Sinopec, is back in the debt market less than five months after its last transaction, and is seeking out a triple-tranche dollar trade.