Goldman Sachs

Dutch speciality chemicals firm IMCD and shareholder Bain Capital together netted €328m on May 12 through concurrent primary and secondary share offerings, priced without a discount.

The European Financial Stability Facility took several SSA bankers by surprise on Tuesday, when it mandated for a 30 year tap in an unstable euro market.

Korea Development Bank has made a bold return to dollar bonds in a deal that bankers claim scored one of the tightest ever spreads for a Korean name. The pricing drew plenty of criticism, but the deal’s defenders are hailing the trade as a success, preferring to focus on the quality of the order book.

Stable stockmarkets on Monday May 11 were enough to tempt four sellers into the evening market tonight, with trades in three stocks, including a combined offering of new and existing shares in IMCD.

Korea Development Bank (KDB) is out in the international debt market this week, hoping to receive better reception than its last dollar bond in September 2014.

As block trade bankers had predicted, the fireworks are starting again as companies emerge from blackouts. Five deals totalling €2.8bn were sold on Wednesday night, but there were no auctions: all of them were mandated trades, leaving banks away from the action with nothing to bid on.

As block trade bankers had predicted, the fireworks are starting again as companies emerge from blackouts. Five deals totalling €2.8bn were sold on Wednesday night, but there were no auctions: all of them were mandated trades, leaving banks away from the action with nothing to bid on.

Eircom, the Irish telecoms company, held an investor call on Tuesday for a €2bn amend-and-extend process on its loans that will bring documentation into line with market standards.

ICBC London, the UK subsidiary of the Industrial and Commercial Bank of China, has signed a term loan for $1bn, the largest loan the bank has ever issued and a step on the path of its plans for expansion in Europe.

Windeln.de, the German online baby products seller, dropped 19% on Wednesday on its first day of trading in Frankfurt — a bitter conclusion to an IPO process that had appeared to run smoothly until then.

Cellnex Telecom, the Spanish telecoms towers business owned by infrastructure group Abertis, rose 10% when it began trading in Madrid on Thursday, May 7, after its €1.78bn IPO.

Investors maintained discipline on Wednesday when Ford Credit Europe Bank issued a €500m five year bond, with some dropping out of the deal after moderate pricing revisions.