© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Goldman Sachs

  • China Resources Land (CR Land) plans to raise HK$7.48bn ($965m) in a rights issue following the acquisition of five property development projects in China from its parent.
  • Danish telecoms firm TDC, which acquired Norwegian cable provider Get in October, is reported to be planning another acquisition in the cable sector. TDC will need to carefully consider acquisition financing options to maintain its investment grade status, said credit analysts.
  • Industrial and Commercial Bank of China (ICBC) took plenty of plaudits last week, with a unique triple currency additional tier one (AT1) transaction that included a record-breaking offshore renminbi tranche. While some say that the trade was a testament to the depth of the CNH market, that is an argument too far. This was anything but a conventional trade.
  • PICC Property and Casualty Company has raised HK$9.15bn ($1.18bn) in a rights issue of both H- and A-shares that was heavily oversubscribed.
  • German pharmaceutical company Merck issued its first hybrid bond, a €1.5bn dual tranche deal, on Monday, less than a week after Volvo issued its first piece of hybrid capital. Merck's notes carry a 2.625% coupon, a record low for corporate hybrid issuance.
  • Auris Luxembourg, a holding company for Siemens Audiology Solutions, launched on Monday the high yield bond part of the financing package for the hearing aid maker's takeover by EQT Partners.
  • Dalian Wanda Commercial Properties has built strong momentum for its HK$29.76bn ($3.8bn) Hong Kong IPO, which launched to the market on Monday morning, bringing in 11 cornerstone investors to take up nearly $2bn of the trade. With the deal coming to the market very close to the end of the year, the presence of big-name institutions and sovereign wealth funds at the top helps support the company’s story, say bankers.
  • Constellium, the Paris-headquartered aluminium producer, launched a €535m-equivalent bond on Friday December 5, to back its plans to buy US drinks can sheet manufacturer Wise.
  • Yangtze Optical Fibre and Cable (YOFC) has raised HK$1.18bn ($152m) by pricing its Hong Kong IPO at the bottom of guidance, with demand coming in from investors across all regions as the strong credentials of the owners of the company wooed bidders.
  • Keppel Telecommunications & Transportation, which has priced its S$513m ($393.8m) real estate investment trust IPO at the top of the range, has now allocated a large chunk of the deal to long only investors, leaving very little on the table for other bidders.
  • Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn comprising both an equity offering and a mandatory convertible bond.
  • Fiat Chrysler Automobiles will imminently launch a deal of up to $2.5bn, comprising both an equity offering and a mandatory convertible bond.