Goldman Sachs

The wide-ranging management shake-up at Deutsche Bank is set to continue, after it picked Goldman Sachs partner Alasdair Warren to lead its new corporate and investment banking unit in Europe, the Middle East and Africa.

How many times have you heard the argument that bonds can’t be traded like equities, because they’re too fragmented?

Veritas, the Californian data management company, has become the first US borrower to roadshow for a euro high yield bond in the second half of this year — and bankers say it will soon have company.

Tata Chemicals Europe’s £140m ($216m) dual-tranche facility has been launched into limited syndication, marking the borrower’s return to the syndicated loan market after a four year break.

Industrial and Commercial Bank of China New York opened bookbuilding for a dual-tranche senior dollar bond on Thursday, while Future Land Development Holdings has started wooing high yield investors with a new two year offering.

Amundi, Europe’s largest asset manager, has covered its IPO, which is set to raise at least €1.4bn, on the third day of the bookbuild.

Angola opened books on a long awaited Eurobond on Wednesday morning with price thoughts that instantly caused disagreement among debt bankers away from the deal.

Market sentiment improved towards the back of last week when some pipelined deals burst into the market, and that sentiment has continued to improve in the early throes of this week.

Two CEEMEA sovereigns jumped into the bond market this week with breakthrough trades and three other issuers have mandated, lining November up to be one of the busiest months of the year for this market.

ICBCIL Finance has made its debut in the 144A format with a triple-tranche dollar offering, meeting its objectives on both pricing and diversification.

Avicem HK, a subsidiary of Shenzhen-listed Avic Electromechanical Systems Co, has wound up a €350m ($384.6m) loan with a group of four banks.

Hapag-Lloyd, the German container shipping company, succeeded in completing its IPO, after a hard campaign in which the outcome had looked in doubt.